Goldman Sachs will drop a demand that corporate boards of directors include women and members of minority groups as financial firms backpedal from D.E.I. promises.

U.S. stocks initially fell sharply on worries about President Trump’s tariffs but pared their losses after Mexico said it had negotiated a one-month reprieve.

Wall Street is trending lower before the opening bell Tuesday following new tariffs announced by the White House. There are also more corporate earnings arriving ahead of the appearance of Federal Reserve Chair Jerome Powell,