S&P 500, Nasdaq Set for Record Closing Highs on Earnings Focus
US stocks rallied Tuesday, with the S&P 500 and Nasdaq on track for record closing highs as crude prices stabilized and Treasury yields eased. Investors are now shifting their attention to the upcoming third-quarter earnings season.
Wall Street advanced on Tuesday as crude prices steadied and US Treasury yields eased, easing concerns that have weighed on investors in recent weeks and shifting attention to the approaching third-quarter reporting season.