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%.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Dow, S&P 500, Nasdaq jump as TSMC outlook prompts chip stock rallyA monthly report on retail sales could provide clues to whether the Fed will go for 'no cut' at its next meeting.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Dow, S&P 500, Nasdaq slip after hotter-than-expected inflation printInvestors are looking to the latest reading on CPI consumer inflation to set expectations for the path of interest rates.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Dow, S&P 500, Nasdaq futures stall with Fed and Google breakup in focusInvestors are locked in debate over a 'no landing' for the economy, with Fed minutes on deck.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Dow, S&P 500, Nasdaq futures tread water with bank earnings on deckJP Morgan and Wells Fargo get earnings season going in earnest, while a wholesale inflation print is in focus after the CPI surprise.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Dow, S&P 500, Nasdaq slip with flood of earnings aheadInvestors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Dow slips as S&P 500, Nasdaq wobble with flood of earnings aheadInvestors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »