US stocks recovered from earlier session lows in late trading on Tuesday as investors digested a recent bond market sell-off and the next wave of earnings reports. The S&P 500 hugged the flatline after dropping about 0.2% earlier in the trading day. Meanwhile, the Dow Jones Industrial Average and the tech-heavy Nasdaq Composite each ticked up around 0.1% and 0.2%, respectively.
2% after Monday's sharp gains helped push it above that level for the first time since July. The bond selling has weighed on rate-sensitive stocks such as real estate, with rising yields typically a catalyst for stock drawdowns. On the earnings front, General Motors raised its guidance for the third time this year as upbeat EV sales helped deliver a quarterly profit and revenue beat. GM shares were up more than 10%.
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