The US stock exchanges are showing slight gains in early Tuesday trading.
The theme remains AI after Anthropic yesterday confirmed reports of an impending IPO. At the same time, oil prices continue to trade around high levels.
New employment data (ADP) rose by 16 750 people per week over the past four weeks.
The broad S&P 500 index was up 0.1 percent at 7 683.85 around 15.10.
The tech-heavy Nasdaq Composite is rising 0.3 percent to 26 249.29.
By sector, IT is performing best, up 0.52 percent, while energy is showing the weakest performance, down 0.95 percent.
The reporting season is also in full swing in the US. Before the opening, figures were released by, among others, aircraft manufacturer Boeing, which reported a larger-than-expected loss per share. The total order book increased to a record-high 745 billion dollars at the end of the third quarter of 2026. The order book includes more than 6 300 commercial aircraft, among other things. Boeing fell 2.7 percent.
Payments technology company Paypal raised its forecasts for adjusted earnings per share for the full year 2026. Adjusted earnings per share are now expected to amount to 5.60 dollars, compared with the previous forecast of 5.38 dollars. Expected 5.39 dollars. Paypal fell fell 0.2 percent.
Beverage giant Coca-Cola also raised its forecasts for organic growth and earnings per share. The stock fell 0.3 percent.
Parcel delivery giant UPS rose 2.8 percent. UPS raised its forecasts for revenue and earnings per share. Forecasts for capital expenditure and dividends were reiterated.
Truck giant Paccar, whose revenue in Q3 was better than expected while earnings were in line with expectations. The company points to better margins in trucks. For 2027, research and development costs are expected to increase to 460–500 million dollars. Paccar is rising 0.5 percent.
Commodities company Freeport McMoRan fell 0.5 percent after beating consensus in Q3 for revenue and earnings per share.
Outside the reporting companies, automaker General Motors was noted to have decided to move its stock listing from the New York Stock Exchange to Nasdaq Global Select Market. The move to Nasdaq means that the company may potentially be included in the Nasdaq 100 index. The stock is rising 5 percent.
The yield on the US ten-year bond is rising 1 basis point to 5.00 percent.
Brent crude oil is falling 0.25 percent to 110.46 dollars and WTI crude oil is down 0.42 percent to 101.33 dollars.
IndexPriceChange todayChange this yearS&P 5007 683.850.09%12.25%Nasdaq Composite26 249.290.31%12.94%Consumer Discretionary1 885.270.27%-2.24%Consumer Staples980.97-0.48%13.42%Energy1 061.01-0.95%54.36%Financials929.23-0.29%1.93%Health Care2 085.37-0.19%15.48%Industrials1 417.920.35%7.98%Materials646.140.05%12.49%Real Estate270.59-0.83%6.10%IT7 032.500.52%23.72%Utilities432.880.12%-0.21%Telecom428.48-0.26%-5.28%Source: Factset
