Stocks are up today and investors searching for a reason behind the movement are in the right place!
One of the biggest reasons that stocks are up today has to do with earnings reports. We’ve entered a week when several major tech companies are expected to release their latest earnings report.
For example, tech giants Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) are set to release their earnings reports after markets close today.
On that same note, other major players in the space will release their earnings reports this week. Among these are Amazon (NASDAQ:AMZN) and Meta Platforms (NASDAQ:META).
Outside of earnings news, ongoing economic factors have stocks up today. That includes the 10-year Treasury yield rising higher as volatility around it continues. However, the yield has yet to climb back above the 5% it saw on Monday.
Let’s check out how the major stock indices are affected by this news below!
Stocks Up Today: Major Stock Indices Rising on Tuesday
- We start with the S&P 500 and its 0.44% increase this morning.
- Next up is Dow Jones Industrial Average with its 0.48% rise today.
- Finally, the NASDAQ Composite is gaining 0.55% today.
Of course, there’s plenty of other stock market news that investors need to know about on Tuesday!
Luckily, we’ve got traders covered with our deep dives into all of the biggest stock happenings today. A few examples include what’s moving shares of Mullen Automotive (NASDAQ:MULN) stock, Nio (NYSE:NIO) stock and Bitcoin (BTC-USD) today. All of these stories are ready to go down below!
More Stock Market News for Tuesday
- MULN Stock: Mullen Execs Own Just 0.46% of Shares Outstanding
- NIO Stock: Analysts Speculate That Nio Wants to Be More Self-Sufficient
- Bitcoin Prices Are Surging as Investors Bet on a Bitcoin ETF
On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
