Most of Wall Street ticked higher as the bond market calmed down following some sharp swings.
The S&P 500 rose 0.2% Tuesday and nearly returned to its record set at the end of last week. The Dow Jones Industrial Average gained 0.4%, and the Nasdaq composite added 0.1%.
GE Healthcare Technologies was one of the market’s top stocks after reporting better profit than expected, and Palantir Technologies soared as it continues to ride Wall Street’s frenzy around artificial intelligence. They helped offset a drop for FMC, whose profit fell short of forecasts. Treasury yields eased after charging higher in recent days.
On Tuesday:
The S&P 500 rose 11.42 points, or 0.2%, to 4,954.23.
The Dow Jones Industrial Average rose 141.24 points, or 0.4%, to 38,521.36.
The Nasdaq composite rose 11.32 points, or 0.1%, to 15,609.00.
The Russell 2000 index of smaller companies rose 16.39 points, or 0.8%, to 1,953.63.
For the week:
The S&P 500 is down 4.38 points, or 0.1%.
The Dow is down 133.06 points, or 0.3%.
The Nasdaq is down 19.96 points, or 0.1%.
The Russell 2000 is down 9.10 points, or 0.5%.
For the year:
The S&P 500 is up 184.40 points, or 3.9%.
The Dow is up 831.82 points, or 2.2%.
The Nasdaq is up 597.65 points, or 4.0%.
The Russell 2000 is down 73.45 points, or 3.6%.
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
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.