12:50 PM EDT, 05/07/2024 (MT Newswires) -- US equity indexes rose while government bond yields mostly declined in midday trading on Tuesday.

The S&P 500 rose 0.2% to 5,193.3, with the Nasdaq Composite up 0.2% to 16,374.3 and the Dow Jones Industrial Average 0.1% higher at 38,880.1.

Except for consumer discretionary and technology, all the other sectors rose intraday. Real estate, materials and consumer staples were among the top gainers.

The US 10-year Treasury yield dropped 5.2 basis points to 4.44% while the two-year declined 1.3 basis points to 4.81%.

In economic news, Redbook US same-store sales jumped 6% from a year earlier in the week ended May 4 after a 5.5% year-over-year increase in the previous week.

In company news, Builders FirstSource ( BLDR ) reported a decline in adjusted earnings in Q1. Shares sank 10.2%, the worst performer on the S&P 500.

Walt Disney ( DIS ) slumped 10.1% intraday, among the worst performers on the S&P 500 and the Dow, after the entertainment giant said it expects "softer" results from its direct-to-consumer business, which includes streaming, in Q3.

West Texas Intermediate crude oil rose 0.4% to $78.78 a barrel.