US stocks eked mild gains in choppy trade on return from the holiday – Newsquawk Asia-Pac Market Open

US stocks were choppy on Tuesday, as US players returned from the holiday, but ultimately settled with mild gains. After the US cash equity open, indices saw a notable sell-off with the Mag-7 leading the decline, ex-Apple, although swiftly pared through the afternoon. For Apple, Wedbush wrote that the recent selloff in the tech behemoth is unwarranted, and that 2026 will be the year Apple gets into the AI game. Data came via weaker-than-expected NAHB and NY Fed, which marginally topped on the headline, with internals steady; the latter sparked some gradual pressure in T-Notes, while the highlight of the…