Business Standard

Nasdaq leads Wall Street higher as investors brace for megacap earnings

Shares of Microsoft and Google-owner Alphabet were up 0.6% and 1.2% respectively, while Apple and Amazon.com also rose ahead of reporting quarterly earnings this week

Wall Street, US stocks, S&P, Dow Jones
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Reuters
3M falls on cutting FY forecast on dollar impaWall Street's main indexes rose for the third straight session on Tuesday, led by the Nasdaq, as a fall in U.S. Treasury yields lifted megacap growth companies including Microsoft and Alphabet ahead of their earnings reports later in the day.
 
Shares of Microsoft and Google-owner Alphabet were up 0.6% and 1.2% respectively, while Apple and Amazon.com also rose ahead of reporting quarterly earnings this week.
 
Earnings from the companies will offer a glimpse into how corporate America is holding up in the face of decades-high inflation and tighter financial conditions.
 
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