Stocks rose for a second straight session on Tuesday as strong corporate earnings reports helped extend a rally to start the week.
"3Q and 4Q earnings should confirm fundamentals remain anchored in resilient labor market and Covid reopening. Equity valuation will likely remain tied to global central bank rhetoric and rates, which is turning incrementally less negative.
"Great that we have some buyers stepping in. I think getting some flow and some sustainability, or at least some support, in this market is really important and we will take it. But we do not think we are out of the woods yet," McCartney said.Shares of Apple declined and briefly turned negative after a report from The Information that the tech giant was cutting production of its new iPhone 14 Plus.
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31020 intraday high of 09/21/22 must be recaptured 30454 intraday high of 10/05/22 must be defended so that we can argue and substantiate that we have in fact experienced something like a short-term trend reversal in the DowJones DJIA DJI $DJI $DJIA
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