Stock Market Today: Dow closes higher amid better-than-expected corporate earnings

Investing.com -- The Dow closed higher Tuesday as a slew of better-than-expected corporate earnings and steady Treasury yields lifted sentiment on the stocks ahead of the big tech earnings.

“We expect Microsoft to continue to communicate optimizations are ongoing and new workloads remain modest as IT budgets stay tight, resulting in prudence around core Azure growth for F2Q24,” RBC said in a Tuesday note. Google, meanwhile, is “well positioned” heading into earnings, Wedbush says, supported by ongoing digital advertising growth in 3Q and 4Q.Treasury yields steadied after a selloff a day earlier, but the move lower doesn’t appear to be a “fundamental shift in investors’ sentiment of policy or the underlying economy, but rather a number of larger players shifting positions,” Stifel said in a note.

{username} Just Now Share Follow this postUnfollow this post Save Saved. See Saved Items . This comment has already been saved in your Saved Items Author's response{commentContent} Reply 00 Report {username} Just NowAuthor's response Share Follow this postUnfollow this post Save Saved. See Saved Items .

Singapore Singapore Latest News, Singapore Singapore 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 falls as energy stocks weigh; big tech earnings eyedStock Market Today: Dow falls as energy stocks weigh; big tech earnings eyed
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Dow Futures Rise; Bitcoin JumpsEarnings seasons heats up again, with Microsoft and Google parent Alphabet among the companies reporting
Source: WSJ - 🏆 98. / 63 Read more »

Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yieldsAsian shares have started the week lower, as higher risks of broader conflict in the Middle East cloud market sentiment and bond yields continue to rise.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yieldsAsian shares have started the week lower, as higher risks of broader conflict in the Middle East cloud market sentiment and bond yields continue to rise. U.S. futures rose while oil prices fell back. On Friday, the S&P 500 fell 1.3% for a fourth straight drop. The Dow sank 0.9% and the Nasdaq composite tumbled 1.5%.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yieldsAsian shares have started the week lower, as higher risks of broader conflict in the Middle East cloud market sentiment and bond yields continue to rise.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock Market Today: What to WatchTreasury yields near 5% again
Source: WSJ - 🏆 98. / 63 Read more »