Crude Oil Down Over 5%; McDonald's Earnings Top Views
U.S. stocks gain with Nasdaq up more than 2% on Tuesday. Dow up 1.79% to 54,129.35, Nasdaq up 2.22% to 26,490.24, S&P 500 up 1.64% to 7,725.48. Tech shares jump 3.8%, utilities down 0.5%. McDonald's beats earnings estimates. Ibotta, Backblaze, Corvex up, Adapthealth, Better Home & Finance, Clearpoint Neuro down.
McDonald's made more money than people expected, and that helped stocks go up today—especially tech companies. When a big company does better than expected, it can make people feel more confident about the whole market.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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