Stocks add to Monday gains

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U.S. stocks opened modestly higher Tuesday, consolidating after a blockbuster Monday as bond yields remained quiescent and quarterly corporate results came...

U.S. stocks opened modestly higher Tuesday, consolidating after a blockbuster Monday as bond yields remained quiescent and quarterly corporate results came in strong. The Dow Jones Industrial Average DJIA, -0.04% added 28 points, 0.1%, to open near 31,564. The S&P 500 SPX, -0.17% was up 4 points or 0.1%, near 3,906 and the Nasdaq Composite COMP, -0.43% gained 10 points, 0.1%, trading near 13,599.

The 10-year U.S. Treasury note TMUBMUSD10Y, 1.431% was hovering around 1.43% Tuesday morning, well off the highs that spooked investors in February. Shares of Target Corporation TGT, +3.29% and Zoom Video Communications Inc. ZM, +3.86%, both of which benefitted from the stay-at-home economy imposed on millions of Americans throughout 2020, were higher after the opening bell after earnings beats.

 

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