Home > Article
VOL. 47 | NO. 30 | Friday, July 21, 2023
Stock market today: Wall Street rises ahead of Big Tech profit reports
NEW YORK (AP) — Stocks closed higher as Wall Street waits to hear from some of its most influential companies, and whether their huge rally this year was justified.
The S&P 500 rose 0.3% Tuesday, its highest level in more than 15 months. The Dow added 26 points, or 0.1%, and the Nasdaq rose 0.6%.
General Electric jumped after reporting stronger profit for the spring than expected, helping to offset losses for airline stocks.
The day's headliners come after trading ends, when Alphabet and Microsoft report their results for April through June.
Treasury yields were relatively steady after a report showed consumer confidence improved.