The Nasdaq Composite (NASDAQINDEX:^IXIC) extended Monday's rally on cooling geopolitical tensions, rising 2.59% to 26,585. The S&P 500 (SNPINDEX:^GSPC) gained 1.79% to 7,737 to hit a record close, and the Dow Jones Industrial Average (DJINDICES:^DJI) climbed 1.71% to 54,086 after gaining 907 points.
Gold prices rose 1.01% to $4,075.26 as of U.S. market close, and the 10-Year Treasury yield slipped 0.07% to 4.61%. Most sectors finished in the green, with technology stocks up 4.20% and industrials up 3.42%, while only energy and utility stocks lagged.
Palantir Technologies shares surged nearly 30% on explosive growth in the U.S. market, while Caterpillar finished the day up 5.60% after reporting record quarterly revenue. Space Exploration Technologies stock increased ahead of its inaugural earnings release, but fell in after-hours trading on mixed results. AdaptHealth slumped almost 40% following an earnings miss and a reduction in its full-year earnings guidance.
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