The S&P 500 had its best day in over a month on Tuesday, and traders were bracing for big company earnings releases as the benchmark crept higher.
With the Nasdaq Composite up 0.3%, the S&P 500 increased by 0.2%. 78 points, or 0.2%, were added to the Dow Jones Industrial Average.
Following the bell, Alphabet, the parent company of Google, and Tesla are scheduled to release their Q2 financial reports, and Wall Street has been busy analysing them.
The Street will be examining these reports for the first time to see how well-known IT companies performed in the previous quarter.
As investors sort through a plethora of reports from the U.S. and Europe as the Q2 earnings season gets underway, it’s all about the minutiae.
Source (CNBC)
