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Stocks Rise Amid Positive Early Earnings Results: Markets Wrap

  • S&P 500, Dow Jones Industrial indexes set fresh closing highs
  • Earnings help boost sentiment amid lingering inflation concern
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Verdence's Horneman Cautions Investors About Looming Risks (Video)Source: Bloomberg
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U.S. stocks rose to all-time highs as corporate earnings helped boost sentiment amid lingering concerns about inflation and growth.

The S&P 500 and Dow Jones Industrial Average set records as Tuesday’s round of earnings kicked off, with United Parcel Service Inc. and General Electric Co. gaining after strong results. Facebook Inc. dropped as a pledge to buy back more shares and increase spending on digital offerings was offset by a revenue miss. Big-tech peers Twitter Inc., Alphabet Inc. and Microsoft Inc. are reporting after close of regular trading.