03:42 PM EDT, 04/29/2025 (MT Newswires) -- US benchmark equity indexes are on track to close higher on Tuesday, despite April's US consumer confidence data falling below the Street's projection.

The Dow Jones Industrial Average gained 0.9% to 40,584.21, while the Nasdaq Composite increased 0.6% to 17,464.78. The S&P 500 was up 0.7% to 5,564.52. Energy was the only sector in the red, while materials saw the highest gains.

SBA Communications ( SBAC ) shares jumped 6.7%, a day after the company reported a Q1 revenue beat. Multiple analysts, including Citigroup, Barclays, Jefferies, BMO Capital, TD Cowen, Raymond James and Goldman Sachs, raised their price targets on SBA's stock.

Zebra Technologies ( ZBRA ) shares were up 6.2%. The company's Q1 non-GAAP net income and sales exceeded analysts' estimates.

Regeneron Pharmaceuticals ( REGN ) was the worst performer on the S&P 500, with shares down 7.6%. The company reported lower Q1 adjusted earnings and revenue, below Wall Street's estimates.

The 10-year US Treasury yield dropped 5 basis points to 4.17%, while the two-year rate was down 3.1 basis points to 3.65%.

June West Texas Intermediate crude oil was down 2.8% to $60.29 a barrel.