Market participants came to work Tuesday wondering if stocks could notch their longest winning streak in two years. Happily, upbeat reactions to some tech sector earnings, moderating Treasury yields and a steep drop in prices for crude oil helped equities catch a bid.
Indeed, stocks closed broadly higher, with the S&P 500 extending its win streak to seven days, or its longest such stretch since it rose for eight consecutive sessions in early November 2021. The Nasdaq Composite's eight straight winning sessions represent the index's longest stretch of gains since early November 2021, as well.
