Market Rebounds as Earnings Reports Boost Stocks and Treasury Yields Stabilize

Stocks rose on Tuesday as investors focused on strong earnings reports and stabilized Treasury yields. The Dow Jones Industrial Average gained 0.8%, the S&P 500 climbed 0.8%, and the Nasdaq Composite added 1%. Coca-Cola and Spotify reported earnings that beat expectations, while General Motors pulled its full-year outlook due to rising costs from union strikes. Alphabet and Microsoft are among the tech companies reporting results after the market closes. Despite positive earnings, some analysts believe that valuations for big tech stocks remain too high. Around 23% of S&P 500 companies have already reported earnings, with 77% surpassing expectations. Investors continue to monitor the U.S. 10-year Treasury yield, which rose above 5% before falling below that level.