US stocks were mixed on Tuesday as investors monitor progress on trade talks and a voting marathon in Washington over President Donald Trump’s tax and spending bill.

As of 10:15 AM Eastern time, the S&P 500 was 0.1% lower, the Dow Jones Industrial Average was up by 0.3%, and the Nasdaq composite was 0.2% lower.

At the opening bell, the Dow Jones Industrial Average fell 33.3 points, or 0.08%, to 44,061.49. The S&P 500 fell 17.7 points, or 0.29%, to 6,187.25​, while the Nasdaq Composite dropped 79.1 points, or 0.39%, to 20,290.611.

Gainers and Losers

Electric vehicle maker Tesla stock sank nearly 6% after President Donald Trump said he would consider deporting Elon Musk and directing the Department of Government Efficiency (DOGE) to scrutinize the Tesla and SpaceX founder’s government subsidies.

Musk, a mega-donor to Trump in the 2024 election who headed the Department of Government Efficiency, or DOGE, before leaving Washington earlier this spring, has called for a new political party in response to Trump’s bill.

Bullion

Gold prices advanced on Tuesday on a weaker US dollar and uncertainty over Trump tariffs.

Spot gold rallied 1.4% to $3,349.32 an ounce by 1203 GMT while US gold futures jumped 1.6% to $3,361.70.

Spot silver rose 0.9% to $36.41 an ounce, platinum was down 0.1% at $1,351.80 and palladium gained 2.5% to $1,124.79.

Oil prices were slightly higher on Tuesday as investors awaited the OPEC meeting.

Brent crude was up 28 cents, or 0.4%, to $67.03 a barrel at 1328 GMT, while US West Texas Intermediate crude was up 35 cents, or around 6%, to $65.46 a barrel.