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U.S. stocks rose after more companies said they made bigger
profits at the end of last year than analysts expected and as
Treasury yields eased.
The S&P 500 climbed 0.9% Tuesday, while many markets around the
world took only tentative steps following Donald Trump’s return
to the White House. The Dow Jones Industrial Average added 1.2%,
and the Nasdaq composite gained 0.6%.
Trump has promised sweeping moves to reshape global trade and
the economy, often at other countries’ expense, but stock
indexes in Asia and Europe mostly made only modest moves.
On Tuesday:
The S&P 500 rose 52.58 points, or 0.9%, to 6,049.24.
The Dow Jones Industrial Average rose 537.98 points, or 1.2%, to
44,025.81.
The Nasdaq composite rose 126.58 points, or 0.6%, to 19,756.78.
The Russell 2000 index of smaller companies rose 42.09 points,
or 1.8%, to 2,317.97.
For the year:
The S&P 500 is up 167.61 points, or 2.8%.
The Dow is up 1,481.59 points, or 3.5%.
The Nasdaq is up 445.99 points, or 2.3%.
The Russell 2000 is up 87.81 points, or 3.9%.
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