Advertisment
Stocks were flat Tuesday as investors readied for key corporate earnings releases, including reports from notable tech names.
The Dow Jones Industrials took on 18.52 points to commence Tuesday at 42,406.09
The S&P 500 nicked ahead 0.15 points to 5,823.67.
The NASDAQ gained 21.89 points to 18,589.08.
Ford Motor slid 8% after the automaker provided full-year guidance that was on the low end of its previously set range. Meanwhile, McDonald’s rose 1% after reporting a top- and bottom-line beat in the third quarter.
Traders will keep an eye on earnings reports from major companies due on Tuesday as the busiest week of this earnings season continues. Alphabet, Snap, Reddit, Chipotle and Advanced Micro Devices are all scheduled to post their quarterly results after the market closes.
Tech juggernauts Meta Platforms and Microsoft are slated to report on Wednesday, while Apple is up on Thursday.
Prices for the 10-year Treasury dropped Tuesday, hiking yields to 4.31% from Monday’s 4.27%. Treasury prices and yields move in opposite
directions.
Oil prices gained 26 cents to $67.64 U.S. a barrel.
Prices for gold flew $21.80 an ounce to $2.777.70 U.S.
