NEW YORK (AP) — The U.S. stock market is holding stronger on Tuesday as both bond yields and bitcoin stabilize.
The S&P 500 rose 0.5%, coming off its first loss in six days . The Dow Jones Industrial Average was up 180 points, or 0.4%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 1% higher.
MongoDB helped lead the market and jumped 25.1% after the database company delivered stronger results for the latest quarter than analysts expected. United Natural Foods also climbed after reporting a stronger profit than expected, and it rose 10.6%.
They helped offset a 3.5% drop for Signet Jewelers, which gave a forecast for revenue in the holiday shopping season that fell short of analysts’ expectations. The jeweler said it’s expecting “a measured consumer environment.”
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