Stock indexes finished Tuesday higher, extending Wall Street’s winning streak. Treasurys rallied, too, bringing down yields. Read the day’s full markets roundup here.
Uber, Carlyle Group and KKR were among the companies kicking off a busy day for U.S. results. EBay, Rivian Automotive and Robinhood Markets report after the market closes. Microsoft was on track for another record close.
Indexes climbed. The Nasdaq Composite, on its best run of the year, gained 0.9% after rising for an eighth consecutive session. The S&P 500, up for seven straight days, and the blue-chip Dow were also higher.
Treasury yields retreated. The yield on 10-year notes slipped, settling at 4.570%, down from 5% late last month. The Treasury Department’s debt-sale plan sparked a big bond rally last week, but that was partly undone Monday.
Datadog’s stock jumped. Its shares were up nearly 30% after the software company reported better third-quarter results than Wall Street expected.
Oil markets retreated. Benchmark U.S. crude futures fell more than 4%, settling at $77.37 a barrel.
International stock markets were mostly lower. The Stoxx Europe 600, Nikkei 225 and Hang Seng Index all declined. The Australian dollar fell, even after the country’s central bank raised interest rates again after a four-month pause.