How major US stock indexes fared Tuesday, 7/25/2023

Stocks closed higher on Wall Street after more companies reported fatter profits for the spring than expected. The S&P 500 rose 0.3% Tuesday to its highest close since April 2022. The Dow Jones Industrial Average gained 26 points, or 0.1%, and the Nasdaq composite climbed 0.6%. General Electric helped lead the market after it reported stronger profit for the latest quarter than analysts expected. It helped to offset losses for airline stocks. The day’s headliners arrived after trading ended, when Alphabet and Microsoft reported their results for April through June.