The S&P 500 gained 0.6% while the Dow moved up 0.5% after stocks slipped on Monday amid rising US-Iran tensions. The Nasdaq Composite jumped 1% as semiconductor names took center stage ahead of Big Tech results this week. Tech optimism helped offset uncertainty surrounding US trade policy and the war in Iran.
→ Alphabet, Tesla and IBM are among the major companies scheduled to report later this week.
→ The 10-year yield rose about 4 basis points to 4.61%, recovering part of last week's 7-basis-point decline, while the five-year climbed to 4.34%.
→ Sector rotation: Healthcare stocks rose 7.4%, energy climbed 6.4%, and financials added 4.5%.