US stock indices rose marginally on Tuesday amid focus on earnings results, with optimism about the Feds monetary policy prospects.

Recent US payrolls data showed a marked slowdown in the labor sector, which boosted the odds of multiple Fed interest rate cuts this year.

A batch of major tech companies, including Microsoft, Apple, Alphabet, and Meta, all reported strong profits and earnings in the first three months of 2024.

On trading, Dow Jones rose 0.2%, or 65 points to 38917, while SP 500 rose 0.2%, or 13 points to 5193, as NASDAQ added 0.2%, or 30 points to 16,379.