Dow Jones| Nasdaq | US Stock Market Today | Live: S&P 500, Nasdaq close at record highs as focus shifts to earnings

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Business News›Markets›US Stocks›Wall St Guide›Dow Jones| Nasdaq | US Stock Market Today | Live: S&P 500, Nasdaq close at record highs as focus shifts to earnings LIVE BLOG Synopsis Dow Jones Today | US Stock Market Live: US stocks ended higher on Tuesday as crude prices steadied and US Treasury yields eased, offering some reprieve from concerns that have preoccupied investors in recent weeks, and allowing markets to turn their attention to the approaching third-quarter reporting season. The S&P 500 gained 46.52 points, or 0.60%, to end at 7,820.47 points, while the Nasdaq Composite gained 127.43 points, or 0.46%, to 27,604.74. The Dow Jones Industrial Average rose 263.67 points, or 0.49%, to 51,531.57. 1 New Update The S&P 500 gained 46.52 points, or 0.60%, to end at 7,820.47 points, while the Nasdaq Composite gained 127.43 points, or 0.46%, to 27,604.74. The Dow Jones Industrial Average rose 263.67 points, or 0.49%, to 51,531.57. (Read) US Treasuries rebounded on Tuesday after a sharp selloff in the previous session pushed long-term yields to multi-decade highs, as investors paused to assess recent moves ahead of next week's inflation data, which could offer fresh clues on where interest rates are headed. A solid three-year auction also added to Treasuries' bullish momentum. In afternoon trading, the benchmark 10-year yield fell 4.2 basis points to 5.269% after scaling a 24-year peak on Monday. US 30-year yields slid 2.2 bps to 5.642% following Monday's 24-year high. President Donald Trump said on Tuesday the US dollar was strong and that it indicated that the country was doing well. "We have a very strong dollar. That's because we're doing well. You know, a strong dollar is good in many ways. In certain ways, you can make a case that it slows things down. But a strong dollar gives you a lot of life. And by the way, you know what a strong dollar does? Gives you no inflation," Trump told reporters. Anthropic is expanding a program that allows vetted cybersecurity professionals to test its most powerful AI models with fewer safeguards, after its Project Glasswing initiative helped uncover more than 100,000 software vulnerabilities this year. Its partners under Glasswing, an initiative aimed at securing the world's most critical software, found at least 129,000 verified vulnerabilities between April and July. Anthropic's own open-source scanning found 5,500 more between April and October. US natural gas futures climbed almost 2% to a fresh one-week high on Tuesday on a drop in output due to pipeline problems and a recent increase in flows to liquefied natural gas export plants with the expected return of a liquefaction train at Freeport LNG's facility in Texas. Front-month gas futures for November delivery on the New York Mercantile Exchange rose 4.8 cents, or 1.6%, to settle at $3.114 per million British thermal units (mmBtu), their highest close since September 25 for a third day in a row. The amount of oil in storage that is accessible to the global market is running low, industry executives said at a forum in London this week, making the market more fragile and putting upward pressure on prices. Governments and energy companies have drawn oil from stockpiles to alleviate pressure in a global oil market facing unprecedented supply disruptions this year due to the wars in the Middle East and Ukraine. A lawyer for ABC on Tuesday asked a federal judge to prevent the Trump administration from conducting an unusual, early review of its broadcast licenses, likening it to a looming execution by guillotine that was already chilling the network’s editorial decisions just weeks before the U.S. midterm elections. US natural gas supply and demand will both rise to record highs in 2026 and 2027, the US Energy Information Administration said in its Short-Term Energy Outlook on Tuesday. The EIA projected dry gas production will rise from a record 107.6 billion cubic feet per day in 2025 to 112.2 bcfd in 2026 and 116.1 bcfd in 2027. The agency also projected domestic gas consumption will rise from a record 91.9 bcfd in 2025 to 92.4 bcfd in 2026 and 93.8 bcfd in 2027. Nvidia-backed cloud-computing company Lambda is raising up to $4 billion at a pre-money valuation of $14.5 billion in what would be its final funding round before a planned initial public offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Russia would be interested in a potential trilateral meeting between President Vladimir Putin, US President Donald Trump and Chinese President Xi Jinping on the sidelines of the upcoming APEC summit in China, Kremlin foreign policy aide Yuri Ushakov said on Tuesday. The summit is scheduled to take place on November 18-19. Ushakov said the idea remained at an early stage and that no practical details had yet been worked out. He noted that, as China was hosting the APEC summit, it would circulate the agenda and there would likely be opportunities for a trilateral meeting. Prediction market startup Kalshi launched a stock index perpetual future on Tuesday, broadening the reach of the nascent derivatives instrument as it looks to challenge traditional exchange operators. Here are some more details: * The contract will track a Kalshi index, US 500, housing 500 of the largest companies in the US, the company said * Perpetual futures, or perps, are derivatives that lack a traditional expiration date, allowing traders to hold positions indefinitely without rolling over contracts * Funding rates will keep the contract's price in line with the index, Kalshi said The US Energy Information Administration raised its oil price forecast for this year and next year on Tuesday, as global stockpiles fall rapidly and diesel markets remain tight due to the ongoing Iran war. Global benchmark Brent crude is now expected to average about $98 a barrel in 2026, up 8% from the EIA's previous forecast, the agency said in its Short-Term Energy Outlook. Oil and fuel prices have risen dramatically due to the US-Israeli war on Iran, which in turn has disrupted oil flows through the Strait of Hormuz, which carried about 20% of global oil supplies before the war. Iran has also struck regional energy infrastructure in response to US military strikes. The price of gold is expected to hit $5,013 a troy ounce over the next 12 months, up from the current level of $4,170, delegates to the London Bullion Market Association's (LBMA) annual gathering in Sorrento, Italy predicted on Tuesday. Gold is down 3% so far this year due to expectations of interest rates staying higher for longer amid the Iran war. It jumped 64% in 2025, which was its biggest yearly rise since 1979, and hit a record high of $5,595 an ounce in January. The UK's FTSE 100 advanced on Tuesday as a retreat in bond yields and softer oil prices calmed investors following last week's bond-market volatility, while losses in defence stocks capped gains. The blue-chip FTSE 100 index rose 0.4% to 24,215.33 points, while the midcap FTSE 250 also climbed 0.4%. Bank of England policymaker Catherine Mann warned that inflation has become embedded in the UK economy and could become further entrenched as wage negotiations pick up early next year The Federal Reserve plans to overhaul how it supervises US banks, replacing a model that charged its regional bank presidents with overseeing examinations with a new one that will be more accountable to Washington, the central bank's top regulatory official said on Tuesday. Fed Vice Chair for Supervision Michelle Bowman said the restructuring will create five new geographic regions for bank supervision, with each led by a "regional leader." Currently, Fed leaders in Washington set bank examination policy, but the actual supervision is conducted and overseen by the 12 regional Fed banks across the country. Gold ticked up on Tuesday, supported by a pause in the US Treasury yield's rally and a weaker dollar, while investors awaited the minutes of the Federal Reserve's September meeting for fresh clues on its monetary policy outlook. Spot gold rose 0.4% to $4,155.34 per ounce by 10:09 a.m. EDT (1409 GMT). US gold futures for December delivery added 0.6% to $4,182.30. Mattel's shares fell about 2% on Tuesday after investor Ariel Investments urged the toymaker to explore strategic alternatives, including a sale, merger or major asset divestiture. US software stocks are touching fresh 2026 highs, supported by a sharp rise in earnings expectations, which according to several analysts indicate that fears over AI-led disruption in the sector were largely overstated. The S&P 500 software and services index rose 1.3% on Tuesday to its highest levels since November 2025, after posting its biggest quarterly jump in July-September since the second quarter of 2020. Strong earnings from software companies such as Salesforce , ServiceNow and Accenture, along with partnerships with AI labs, helped fuel a recovery in the sector that had been underway since late June. Supply chain pressures heated up modestly in September, a report said from the Federal Reserve Bank of New York on Tuesday. The bank reported that its latest Global Supply Chain Pressure Index moved up to 1.28 in September versus the upwardly revised 1.20 seen in August. The release did not say what drove the recent performance of the index, which is designed to track how well global supply chains are functioning. Dario Amodei made $18 million last year as CEO of Claude AI developer Anthropic, the company's IPO filing shows, putting him in the middle ranks of top executives at major technology firms in terms of compensation. Anthropic is preparing for an IPO as early as this fall that could value it at more than $2 trillion, according to its IPO prospectus seen by Reuters. Amodei's pay last year puts him above CEOs at Alphabet and Amazon, but behind those at Oracle and Nvidia. Marvell forecast 2028 revenue of about $20 billion, compared with analysts' average estimate of $18.2 billion, according to data compiled by LSEG. The Dow Jones Industrial Average rose 164.45 points, or 0.32%, to 51,432.35, the S&P 500 gained 37.77 points, or 0.48%, to 7,811.72 and the Nasdaq Composite gained 162.58 points, or 0.59%, to 27,639.89. (Read) U.S. Treasury yields are good value after a recent surge that has seen borrowing costs rise to their highest levels in years, Rupert Harrison, senior advisor, portfolio management at bond fund PIMCO said on Tuesday. Ten- and 30-year Treasury yields have hit fresh 24-year highs this week , pushed higher by a combination of worries about inflation and high fiscal deficits. The US government is paying increasingly more to borrow as long-term Treasury yields hover near their highest levels in two decades, raising concerns that Washington has fewer easy options to contain borrowing costs, according to a Reuters report. (Read) The Nasdaq closes at a record high on Monday as gains in Nvidia and Microsoft reinforce investor confidence in the artificial intelligence boom. The S&P 500 finishes just 0.6% below its mid-August peak, keeping the bull market that began in October 2022 firmly intact. Optimism around the AI trade and expectations of strong corporate earnings have helped US stocks outperform global peers over the past six months despite higher energy prices and a volatile summer for bond markets that fueled concerns about tighter monetary policy. Option Care Health jumped 21% after reports that healthcare group McKesson and private equity firm Clayton Dubilier & Rice were closing in on a deal to buy the infusion services provider for nearly $5 billion. A weaker-than-expected payrolls report reduces expectations of near-term interest-rate increases, with traders now pricing in a 78% chance that the Federal Reserve will keep rates unchanged this month. A December hike remains largely priced in as markets await remarks from at least four Fed officials, including New York Fed President John Williams. The yield on the 30-year US Treasury bond falls to 5.62% after touching 5.702% in the previous session, its highest level since 2002. The benchmark 10-year Treasury yield also edges lower. US stock index futures advance on Tuesday as Treasury yields retreat from multi-year highs and oil prices ease ahead of the quarterly earnings season, boosting heavyweight technology stocks. Dow E-minis rise 281 points, or 0.55%, S&P 500 E-minis gain 30.75 points, or 0.39%, and Nasdaq 100 E-minis climb 192 points, or 0.61%.