U.S. stocks rise on strong earnings from Equifax, Hasbro

latimes.com [$] —

Most of the U.S. stock market rose Tuesday following strong profit reports from Equifax, Hasbro and other companies, while oil prices eased back after nearing their highest levels since the war with Iran began. The S&P 500 added 0.3%, and the Dow Jones Industrial Average rallied 529 points, or 1%. Equifax rallied 11.3% after reporting a bigger profit than analysts expected, and Hasbro climbed 11.2% after its "Magic: The Gathering" game made over $600 million in revenue for a quarter. 3M rose 5.8% on stronger-than-expected profit. Oil prices fell 0.7% to $108.79 per barrel, relieving some inflation pressure, while General Motors sank 6.8% despite a profit beat. AI stocks continued to struggle, with the Nasdaq composite slipping less than 0.1%. CoreWeave swung between gains and losses, and South Korea's Elice dropped 32% on its first trading day. European indexes dipped, and Brent crude has been yo-yoing between $97 and $112 per barrel this month.


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U.S. stocks rise on strong earnings from Equifax, Hasbro | News Minimalist