Nvidia and other tech companies pulled U.S. stock indexes higher after they stumbled in the morning on worries about escalations in the Russia-Ukraine war.
The S&P 500 rose 0.4% Tuesday. The Nasdaq composite also erased an early loss to turn 1% higher, while the Dow Jones Industrial Average slipped 0.3%.
Nvidia rallied ahead of its profit report for the latest quarter, which is coming on Wednesday. Strategists say it appears to be the most anticipated event left on the calendar this year for Wall Street. Walmart rose after topping profit forecasts, while Treasury yields eased.
On Tuesday:
The S&P 500 rose 23.36 points, or 0.4%, to 5,916.98.
The Dow Jones Industrial Average fell 120.66 points, or 0.3%, to 43,268.94.
The Nasdaq composite rose 195.66 points, or 1%, to 18,987.47.
The Russell 2000 index of smaller companies rose 18.49 points, or 0.8%, to 2,324.83.
For the week:
The S&P 500 is up 46.36 points, or 0.8%.
The Dow is down 176.05 points, or 0.4%.
The Nasdaq is up 307.35 points, or 1.6%.
The Russell 2000 is up 20.99 points, or 0.9%.
For the year:
The S&P 500 is up 1,147.15 points, or 24.1%.
The Dow is up 5,579.40 points, or 14.8%.
The Nasdaq is up 3,976.12 points, or 26.5%.
The Russell 2000 is up 297.75 points, or 14.7%.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
