Nasdaq Gains Amid Uncertainty in Treasuries and Interest Rates

U.S. stocks remained largely unchanged on Tuesday, with a slight gain recorded by Nasdaq. Investors are closely watching Treasury yields and upcoming earnings to gauge corporate health. Despite supply constraints impacting some sectors, technology and consumer staples showed positive performance amidst broader market volatility.

Tuesday's stock market closed with little change, though Nasdaq achieved a modest gain. Investors are keeping a watchful eye on Treasuries yields and upcoming earnings, as they assess the financial well-being of U.S. companies amid economic uncertainties.

The Dow Jones dipped slightly by 6.71 points, and the S&P 500 saw a minor loss of 2.78 points. In contrast, the Nasdaq Composite rose by 33.12 points amidst a choppy trading session, buoyed by consumer staples leading with a gain of 0.92%.

As Treasury note yields touched new highs, investors reconsidered the Federal Reserve's future policy moves. Notably, GE Aerospace's shares slumped 9% due to supply issues, while Microsoft saw a rise of 2.08%. The market anticipates further volatility as the earnings season continues.

(With inputs from agencies.)