Stocks traded higher on Tuesday as investors as the corporate earnings season kicked into full gear.
The Dow Jones Industrial Average regrouped 59.27 points to 26,444.04
The S&P 500 regained 4.67 points to 2,910.23, as the financials sector outperformed. Tuesday's move pushed the S&P 500 closer to 2,940, a record high set in late September.
The S&P 500 is up more than 15% this year in large part because the Fed indicated it may not raise rates at all in 2019, a stark contrast to the four hikes from last year.
The NASDAQ Composite gained 29.74 points to 8,005.75
Johnson & Johnson, another Dow component, climbed 2.9% on stronger-than-forecast quarterly results. More than half of its revenue came from prescription drug sales, which increased by more than 4%.
UnitedHealth Group reported better-than-expected earnings and revenue. The company also raised its earnings guidance for the full year. Shares of UnitedHealth rose about 3% before turning lower.
Other companies that posted better-than-expected quarterly earnings include Bank of America and BlackRock. IBM, Netflix, and CSX are among the companies set to report after Tuesday's close.
Prices for the benchmark 10-year U.S. Treasury were slightly higher, lowering yields to 2.59% from Monday's 2.55%. Treasury prices and yields move in opposite directions
Oil prices regained 21 cents to $63.61 U.S. a barrel.
Gold prices plunged $13.40 to $1,277.90 U.S. an ounce.