


U.S. stocks rose again Tuesday as stronger-than-expected profits kept piling higher for companies, though CEOs said they’re unsure how long that can last because of uncertainty around President Donald Trump’s trade war.
The S&P 500 climbed 0.6% to extend its winning streak to a sixth day. The Dow Jones industrial average added 300 points, or 0.7%, and the Nasdaq composite rose 0.5%.
Honeywell International helped lead the market with a gain of 5.4% after reporting stronger profit and revenue for the latest quarter than analysts expected. Perhaps even more importantly for investors, it also raised its forecast for profit over the full year.
Sherwin-Williams rose 4.8% for another one of the market’s bigger gains after the paint and coatings company likewise reported a better-than-expected profit.
Much like the broader market, UPS stock swung between losses and gains at the day’s start of trading after it reported a stronger profit than analysts expected for the first three months of 2025. Its stock finished 0.4% lower.
General Motors slipped 0.6% despite reporting a stronger profit for the latest quarter than analysts expected. The company rescheduled a conference call with investors to discuss its results and forecasts for 2025 to Thursday because of “recent reports regarding updates to trade policy.”
JetBlue Airways’ stock bounced between losses and gains after CEO Joanna Geraghty said the airline was puling its financial forecasts for the full year given “the macroeconomic uncertainty.” Its stock accelerated later in the day and finished 2.7% higher.
Coca-Cola also overcame an early drop to rise 0.8%.
All told, the S&P 500 rose 32.08 points to 5,560.83. The Dow gained 300.03 to 40,527.62, and the Nasdaq composite climbed 95.18 to 17,461.32.
In the bond market, Treasury yields fell. The yield on the 10-year Treasury dropped to 4.17% from 4.23% late Monday.
On Tuesday, not only did a report on consumer confidence come in weaker than expected, so did an update on how many job openings U.S. employers were advertising at the end of March. Such weaker-than-expected data could eventually push the Federal Reserve to resume cutting interest rates in order to give the economy a boost.
— Associated Press