U.S. stocks rise as oil retreats, earnings beat forecasts

bnnbloomberg.ca —

U.S. stocks rose Tuesday as strong corporate earnings from Equifax, Hasbro, and others offset concerns, while oil prices retreated from near multi-month highs. The S&P 500 gained 0.6%, the Dow rose 1.3%, and the Nasdaq added 0.5%. Equifax surged 10.7% on better-than-expected summer profits, and Hasbro climbed 5.9% after strong "Magic: The Gathering" sales. Brent crude fell 2.5% to $106.78 per barrel, boosting airlines like American Airlines (up 7.1%). Salesforce's acquisition of Braze sent that stock soaring 50.8%, while General Motors fell 4.9% on a weak 2026 profit forecast. AI stocks remained volatile, with CoreWeave swinging from losses to gains. South Korea's Elice dropped 32% on its debut, and European indexes pared early losses amid regional protests and bond market concerns.


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