The 'revenge of ancient American business' pushes U.S. equities higher

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. 1. U.S. stocks climbed higher Tuesday, with the S & P 500 up 0.82%, on the back of better-than-expected earnings reports from aerospace-focused industrials like General Electric and RTX Corp. . "The revenge of ancient American business is upon us," Jim Cramer said Tuesday.

"Sentiment in the stock is as low as its ever been," Jim said Tuesday, giving us a buying opportunity in a company with bright long-term prospects. 3. Club holdings Microsoft and Alphabet report quarterly results after the closing bell Tuesday.

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