How major US stock indexes fared Tuesday
Stocks rose Tuesday as investors focused on how and when authorities may begin to lift business shutdowns and stay-at-home orders imposed to slow the spread of the coronavirus. Big companies also began reporting their first-quarter earnings, giving investors an early peek into how the outbreak was affecting their bottom lines. Big gains for technology stocks led the market, headlined by Microsoft, Apple and several chipmakers. The 3.1% rise for the the S&P 500 meant it more than recovered its losses from a day earlier, and it’s now down 16% from its record high set in the middle of February.
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