Johnson & Johnson Drops as Judge Rejects Liability Settlement

Jamie Kelter Davis / Bloomberg via Getty Images Tesla CEO Elon Musk on Sunday. Tesla is expected to release first-quarter deliveries data this week. Key Takeaways The S&P 500 edged 0.4% higher on Tuesday, April 1, a day ahead of the Trump administration’s anticipated rollout of new tariffs. Shares of companies in the fashion industry moved higher following a strong earnings report from Calvin Klein parent PVH. Johnson & Johnson said it failed to reach a settlement in liability cases related to its baby powder. Shares of the health care giant tumbled. Major U.S. equities indexes finished the first trading…