Stocks Edge Higher On Wall Street

Stocks edged higher in morning trading on Wall Street on Tuesday, putting the market a bit closer to the record high it set in late March, Damian J. Troise reported for the Associated Press (AP).

Earnings have been a bright spot for markets, helping to support gains for major indexes in May after a rough April. I Photo: New York Stock Exchange Facebook

The S&P 500 rose 0.1% and is within about 0.5% of its record set in late March. The Dow Jones Industrial Average rose 83 points, or 0.2%, to 39,515 as of 10:09 a.m. Eastern. The Nasdaq Composite rose 0.2%.

Earnings have been a bright spot for markets, helping to support gains for major indexes in May after a rough April.

Companies in the S&P 500 are mostly finished with their latest results, which show a 5% gain in earnings overall. Stocks were mostly higher in Europe and Asia. Chinese markets slipped following U.S. plans to raise tariffs on imports from China.