U.S. stocks held relatively steady as trading on Wall Street calmed following some sharp recent swings. The S&P 500 rose 0.1% Tuesday, its fourth straight gain.
The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite slipped 0.1%.
Kenvue, the company behind Band-Aids and Tylenol, rose after topping analysts’ forecasts for profit and revenue. The Walt Disney Co. sank after reporting revenue that fell a bit shy of forecasts.
They’re among the tail end of companies reporting their results for the first three months of the year. Treasury yields eased in the bond market.
On Tuesday:
The S&P 500 rose 6.96 points, or 0.1%, to 5,187.70.
The Dow Jones Industrial Average rose 31.99 points, or 0.1%, to 38,884.26.
The Nasdaq composite fell 16.69 points, or 0.1%, to 16,332.56
The Russell 2000 index of smaller companies rose 3.97 points, or 0.2%, to 2,064.65.
For the week:
The S&P 500 is up 59.91 points, or 1.2%.
The Dow is up 208.58 points, or 0.5%.
The Nasdaq is up 176.23 points, or 1.1%.
The Russell 2000 is up 28.92 points, or 1.4%.
For the year:
The S&P 500 is up 417.87 points, or 8.8%.
The Dow is up 1,194.72 points, or 3.2%.
The Nasdaq is up 1,321.20 points, or 8.8%.
The Russell 2000 is up 37.57 points, or 1.9%.
Before you consider Walt Disney, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Walt Disney wasn't on the list.
While Walt Disney currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
