News Formal

Stock market today: US stocks climb as earnings season kicks into high gear

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 17 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nasdaq Composite News

Earnings

The wait for Tesla results is on as investors look to Big Tech earnings to buoy stocks.

US stocks climbed on Tuesday, on track for further gains as tech-focused investors prepared for a fresh wave of earnings highlighted by struggling Tesla . The S&P 500 rose about 0.5% after staging a comeback from a six-day run of losses the previous session. The Dow Jones Industrial Average inched up roughly 0.4%, while contracts on the tech-heavy Nasdaq Composite also stepped up 0.4%.

Many in the market are looking to this week's rush of Big Tech earnings to pull stocks out of the slump that has dogged them since the start of the year — though some on Wall Street hold out less hope. Tesla's earnings are likely to be a catalyst for the S&P 500, given the stock's weight in the index.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Stock futures pop as Wall Street looks to continue record-setting runA bullish mood is prevailing on Wall Street.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Tech leads stock slide, Nvidia falls almost 4%Investors have put rate-cut worries on the backburner to focus on earnings season instead.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: 'Magnificent 7' power stock surge after CPI-fueled sell-offInvestors were bracing for a wholesale inflation print, after a surprise uptick in CPI shook markets and undermined bets on interest-rate cuts.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Tesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of Earnings(Bloomberg) -- Elon Musk is known to challenge the status quo — and that’s exactly what Tesla Inc.’s investors are worried about right now. Most Read from...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Tesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsElon Musk is known to challenge the status quo — and that’s exactly what Tesla Inc.’s investors are worried about right now.
Source: BNNBloomberg - 🏆 83. / 50 Read more »