ArkansasOnline
Most US stocks rise after firms' strong profit reports | Arkansas Democrat Gazette
xCruzo Brief
U.S. stocks rose Tuesday as several companies delivered stronger-than-expected results, helping offset concerns around inflation and higher interest rates. The S&P 500 added 0.3%, while the Dow Jones Industrial Average climbed 529 points, or 1%. The Nasdaq edged down slightly by less than 0.1%, as continued swings in artificial-intelligence-related stocks persisted. Equifax surged 11.3% after reporting a bigger summer profit than analysts expected, and Hasbro rose 11.2% after Magic: The Gathering revenue topped $600 million in its latest quarter for the first time. 3M gained 5.8%. Brent crude fell 0.7% to $108.79.
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