Wall Street Prepares for Major Earnings Reports

It is expected that Meta and Microsoft will present their financial results on Thursday, while Apple will do so at the same time. Before the publication of reports from Meta and Alphabet, stocks rose more than 1% on Tuesday. Alphabet, Snap, Reddit, and AMD are also planning to release quarterly reports after the market closes. The Nasdaq Composite index rose on Tuesday, reaching a new historical level, as investors prepared for the earnings releases of major companies, including well-known tech brands. Meanwhile, the Dow Jones Industrial Index showed weak dynamics and fell by 88 points, or 0.2%. The tech index Nasdaq rose by 0.9%, recovering from a drop to 18,700. The week also began with an increase in the value of the Standard & Poor's index by 0.3%.