Stock market today: S&P 500, Nasdaq notch big gains with Tesla earnings on deck

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 benchmark S&P 500 rose more than 1% after staging a comeback from a six-day run of losses the previous session. The Dow Jones Industrial Average climbed roughly 0.6%, while the tech-heavy Nasdaq Composite soared, up about 1.5%.

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.

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