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The S&P 500 edged higher Tuesday, with traders readying for earnings reports from major companies after the benchmark posted its best day in more than a month.
The Dow Jones Industrials improved 51.07 points to 40,466.51.
The much-broader index gained 18.04 points to 5,582.45.
The NASDAQ hiked 89.63 points to 18,097.20.
Wall Street continued assessing the latest second-quarter earnings reports, with Google-parent Alphabet and Tesla due to report after the bell. Those reports will mark the Street’s first look at how major tech-related names fared during the second quarter.
General Motors posted second-quarter results that easily beat analyst expectations but shares dipped 4%. UPS missed on the top and bottom lines, sending the stock down more than 12%.
Earnings season is off to a strong start. About 20% of S&P 500 companies have posted second-quarter results, with 80% of those names beating expectations, FactSet data shows.
Prices for the 10-year Treasury gained ground, lowering yields to 4.22% from Monday’s 4.26%. Treasury prices and yields move in opposite directions.
Oil prices dipped 94 cents at $77.46 U.S. a barrel.
Gold prices jumped $9.10 to $2,403.80.
