US Stocks Buck Concerns the ‘Pivot Party’ Is Over: Markets Wrap
- S&P 500, Nasdaq 100 set fresh closing highs on Tuesday
- Netflix rallies in afterhours trading as subscribers surge
This article is for subscribers only.
US stocks eked out a gain Tuesday, setting fresh closing highs ahead of an onslaught of company reports that promise insight into the state of the global economy.
The S&P 500 and Nasdaq 100 both closed at all-time highs for the second day this week, while the cyclically-oriented Dow Jones Industrial Average slid 0.3%. United Airlines Holdings Inc., Procter & Gamble Co., Verizon Communications Inc. all advanced on upbeat earnings reports while 3M Co. and Johnson & Johnson fell following disappointing guidance.