Stock market today: S&P 500, Nasdaq notch big gains as Tesla kicks off 'Magnificent 7' earnings

US stocks secured gains across the board on Tuesday, as tech-focused investors prepared for a fresh wave of earnings highlighted by struggling Tesla . The tech-heavy Nasdaq Composite led the trading day, surging about 1.6%. The benchmark S&P 500 rose about 1.2% after staging a comeback from a six-day run of losses the previous session. The Dow Jones Industrial Average climbed roughly 0.7%.

Tesla's earnings will likely be a catalyst for the S&P 500, given the stock's weight in the index. The results, due after the market close, are seen as pivotal for Elon Musk's EV maker, whose shares have been hit hard by a disappointing delivery outlook, the cancellation of plans for a long-awaited sub-$30,000 model, and a strategy switch to robotaxis, among other headwinds.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: S&P 500, Nasdaq notch big gains with Tesla earnings on deckThe wait for Tesla results is on as investors look to Big Tech earnings to buoy stocks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks: S&P 500, Nasdaq close lower for fifth-straight dayStock market indexes (^DJI, ^IXIC, ^GSPC) are a mixed bag with only the Dow Jones Industrial Average closing higher by a mere 0.06%. Thursday's session close...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

S&P 500, Nasdaq end sharply higher on soft inflation data, eyes on earningsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Stock market today: S&P 500 snaps 6-day losing streak ahead of Big Tech earnings rushBig Techs are the highlight as hopes rest on this week's flood of earnings to reassure and reignite the market.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »