The Dow Jones Industrial Average and other indexes eased off the day's highs while the S&P 500 set another new high in the final minutes of trading Tuesday, as investors grinded though countless quarterly financial results. Tesla climbed on the stock market today, one day before the company's earnings report.
The Dow ended Tuesday's session with an increase of 0.4%, or 179 points. The S&P 500 closed the trading day with a gain of less than 0.1%, but it was enough to beat yesterday's record close.
The Nasdaq composite remained the weakest of the three with its 0.4% loss. Small caps on the Russell 2000 outperformed them all with a boost of 0.8%.
Volume was lower on the Nasdaq exchange and higher on the New York Stock Exchange compared with Monday, in preliminary numbers. On the Nasdaq, rising stocks edged out falling ones by roughly 5-to-3, despite the index dropping. On the New York Stock Exchange, winners beat losers by nearly 5-to-2.
The 10-year Treasury yield dipped to 4.35% Tuesday afternoon. Oil prices fell to around $66.35 a barrel. Bitcoin hoisted above $119,600 in recent action.
3:44 p.m. ET
Tesla Rises Ahead Of Earnings
Tesla gained 1.4% ahead of the company's second-quarter earnings results due Wednesday after the market close. As of Tuesday afternoon, analysts expect Tesla earnings to drop 24% to 40 cents per share, and revenue to fall 13% to $22.3 billion.
Tesla stock has been climbing in a short consolidation pattern with a 367.71 buy point. Shares tested and found support at their 50-day line.
Despite the electric-vehicle powerhouse clawing back from April lows, it remains around 31% below its 52-week high. Shares have lost 17% so far this year.
3:04 p.m. ET
Big Movers: These Homebuilder Names Jump
Homebuilder stocks have been laggards, but several names in the sector soared on the stock market today. D.R. Horton rallied more than 16% in heavy trading after the homebuilder smashed fiscal third-quarter profit and revenue estimates.
Fellow homebuilder PulteGroup shot up more than 11% after reporting better-than-expected earnings during the second quarter, with a slight miss on sales views.
Taylor Morrison surged more than 8% in sympathy with its homebuilder peers. Taylor Morrison reports its second-quarter results Wednesday before the market open.
All three stocks retook their 200-day lines on Tuesday's moves higher.
Even exchange traded fund iShares U.S. Home Construction bulked up as shares jumped nearly 8%.
Futures: Tesla, Google, GE Vernova On Tap
1:35 p.m. ET
Stock Market Today: Aehr Soars
Semiconductor test equipment maker Aehr Test Systems spiked more than 20% in huge volume and reached a 52-week high Tuesday.
The pop came on news the company landed an order for an additional eight ultra-high-power systems from its largest client, Sonoma. The systems will be used for volume production and stress testing of its artificial intelligence processors.
"We are excited to receive these follow-on volume production orders for multiple Sonoma systems, representing a more than doubling of the number of production systems with this customer, which is one of the premier large-scale data center hyperscalers," Aehr Test Systems Chief Executive Gayn Erickson said Tuesday.
These Gold Players Shine
In other moves, gold prices climbed more than 1% Tuesday, lifting some sector stocks higher. Gold miner Agnico-Eagle Mines jumped more than 5% and reached an all-time high on the stock market today.
Shares broke out of a late-stage cup-with-handle base with a 126.65 buy point and are in the 5% buy zone up to 132.98, according to MarketSurge pattern recognition. The gold stock has gained around 64% so far this year.
Also, Barrick Mining bolted 2% higher and broke out of a flat base with a 21.70 entry point. Shares are in the low end of the buy area up to 22.78.
Wheaton Precious Metals powered up 5% and broke out of a flat base with a 95.23 buy point. Wheaton stock is in a buy range up to 99.99.
12:07 p.m. ET
Stocks On The Move: Warren Buffett Favorite Falls
A longtime holding of famed investor Warren Buffett, Coca-Cola trimmed larger earlier losses to 0.8% in recent trades. The drop came the after beverage giant topped second-quarter earnings expectations, but its sales lagged views. The company raised its full-year 2025 profit growth outlook to 3% from its previous forecast of a range of 2% to 3%.
The Dow Jones component reported it will roll out a new version of Coca-Cola made with cane sugar in the fall, in addition to its recipe made with high-fructose corn syrup. The news confirmed President Donald Trump's comments made Wednesday that the product would soon be made with real cane sugar.
Shares are in a consolidation pattern with a 74.38 buy point. But the stock is trading below its 50-day moving average and 21-day exponential moving averages.
General Motors got slammed and fell more than 6% even after the automaker beat second-quarter profit and revenue forecasts. It also held its full-year 2025 earnings forecast range but with a midpoint slightly below estimates. Investors appeared to focus on warnings of tariff effects and lower demand.
GM shares fell after the stock reached the 53.96 buy point of a cup-with-handle base then retraced Monday. The stock knifed below its 50-day and 200-day lines Tuesday.
10:47 a.m. ET
Yields Dip; Tariff Pause Likely To Be Extended
The 10-year Treasury yield dipped to 4.34% Tuesday morning. Oil prices fell to around $66.50 a barrel. Bitcoin hoisted to over $118,300 in recent action.
Among exchange traded funds, the Invesco QQQ Trust lost 0.7%. The SPDR S&P 500 ETF edged 0.3% lower in recent action.
Treasury Secretary Scott Bessent told Fox Business on Tuesday the U.S. will likely extend the 90-day tariff pause on most tariffs between the U.S. and China. The deadline is set to expire Aug. 12.
Meanwhile, Federal Reserve Chairman Jerome Powell gave prepared remarks at the Integrated Review of the Capital Framework for Large Banks Conference in Washington, D.C.
However, he did not mention monetary policy, apparently due to "blackout period" restrictions ahead of the Federal Open Market Committee meeting on July 29 and 30.
Stock Market Today: Medical Services Name Soars
Medpace Holdings soared around 54% in enormous volume after the company crushed second-quarter earnings and sales estimates. It also raised its full-year 2025 profit and revenue estimates, both topping views.
Shares blew past the 334.33 buy point of a cup-with-handle base and reached a 52-week high on the stock market today. Shares reached a new high on the stock market, but have underperformed as seen in their weak Relative Strength Rating of 19 from Investor's Business Daily. Medpace provides services aiding clinical medical trials.
Agilysys fell nearly 9% in heavy volume after the company missed fiscal first-quarter profit estimates and affirmed its fiscal 2026 sales guidance range that disappointed.
The medical software stock tested its 50-day moving average seeking support.
NXP Semiconductors declined more than 1% despite its better-than-expected second-quarter earnings and sales. But investors focused on its third-quarter earnings guidance that came in light. Shares pulled back to their 21-day exponential moving average.
10 a.m. ET
Nvidia, Broadcom, SoFi, Palantir Fall
Defense contractor Lockheed Martin plunged on the stock market today after lowering its full-year earnings outlook.
Nvidia, Broadcom, SoFi Technologies and Palantir Technologies were early losers on the stock market today.
Nvidia stock declined more than 2% in morning trading, as did Broadcom shares. SoFi stock tumbled more than 3%, as Palantir shares fell nearly 3% in early action.
9:03 a.m. ET
Stock Market Today: Circle Stock Slides On Downgrade
Circle Internet Group sold off nearly 3% Tuesday morning after Compass Point downgraded the stock from neutral to sell, lowering the price target from 205 to 130.
Shares closed Monday nearly 28% off their 52-week high.
7:59 a.m. ET
Earnings: Lockheed Martin, GM
Lockheed Martin plunged more than 6% Tuesday premarket after the company lowered its 2025 profit forecast.
Other key earnings movers Tuesday were Badger Meter, Coca-Cola, General Motors, PulteGroup, RTX and Sherwin-Williams.
Badger Meter shares lost more than 1%, while Coke stock slipped 0.6%. GM stock tumbled nearly 3%, as PulteGroup moved up nearly 2%, but RTX sold off more than 2%. Finally, Sherwin-Williams declined more than 4% in premarket trading.
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