03:30 PM EDT, 08/06/2024 (MT Newswires) -- Tech stocks were higher late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 2.5% and the SPDR S&P Semiconductor ETF (XSD) adding 1.5%. The Philadelphia Semiconductor index climbed 2.2%. In corporate news, Lumen Technologies ( LUMN ) shares soared 86% as Citigroup upgraded the company's rating to neutral from sell,...

NEW YORK, Aug 6 (Reuters) - Bridgewater Associates said in a commentary sent to investors on Tuesday that it believes the sell-off in Japan's equities the previous day was exaggerated and that the stocks remain somewhat attractive, according to two sources familiar with the letter. According to the sources, the $112.5 billion global macro hedge fund wrote that, in their...

04:39 PM EDT, 08/06/2024 (MT Newswires) -- US benchmark equity indexes closed higher Tuesday following steep losses in the previous two sessions, while Treasury yields posted sizable gains. The S&P 500 rose 1% to 5,240, and the Nasdaq Composite rose 1% to 16,366.9. The Dow Jones Industrial Average advanced 0.8% to 38,997.7. All sectors posted gains, led by real estate....

* Uber ( UBER ) jumps after Q2 revenue beat * Caterpillar ( CAT ) rises after Q2 profit beat * Indexes: Dow up 0.8%, S&P 500 up 1%, Nasdaq up 1% (Updates to 4:30 p.m. ET) By Caroline Valetkevitch NEW YORK, Aug 6 (Reuters) - The S&P 500 and Nasdaq ended 1% higher on Tuesday as investors jumped back...