US stocks closed higher Tuesday, largely paring losses from Monday’s session, as second quarter earnings continued to come in above expectations.
Equities started off strong Monday morning, largely paring losses from the prior session, before closing mostly lower.
Fears surrounding Covid-19 stunting economic growth and looming interest rate hikes have taken precedence over a mostly strong corporate earnings season.
Despite disappointing data and looming Covid restrictions, all Wall Street gauges closed ahead.
Stocks were mixed and cryptos advance as the FOMC meeting wrapped up and companies continued to report strong earnings.