Stock market today: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026.
Brendan McDermid | Reuters
S&P 500 futures ticked higher on Tuesday night after both the broad market index and Nasdaq Composite rose to fresh highs during the regular session.
S&P 500 futures added 0.2%, while Nasdaq 100 futures climbed 0.6%. Futures tied to the Dow Jones Industrial Average fell by 30 points, or less than 0.1%.
Big movers in extended trading session included chipmaker Advanced Micro Devices which popped nearly 15% after the company issued a rosy outlook for the second quarter, calling for about $11.2 billion in revenue. AMD also beat expectations on the top and bottom lines in the first quarter. Server maker Super Micro Computer rose 18% on better-than-expected guidance in the fiscal fourth quarter.
The broad market S&P 500 added 0.81% on Tuesday, while the tech-heavy Nasdaq popped 1.03%. Both indexes reached new intraday and closing records. The Dow gained 356.35 points, or 0.73%.
The moves came after traders digested a number of solid earnings results. Around 85% of the S&P 500 companies that have already reported earnings so far have delivered a beat, while 77% have delivered a revenue surprise to the upside.
Also buoying investors’ hopes on Tuesday were comments from Defense Secretary Pete Hegseth that the ceasefire between the U.S. and Iran “certainly holds” and that “two U.S. commercial ships, along with American destroyers, have already safely transited the strait, showing the lane is clear.”
Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, said on CNBC’s “Closing Bell: Overtime” on Tuesday afternoon that stocks appear to be “climbing a wall of worry.”
“I think maybe perhaps people in the geopolitical world don’t understand what’s happening with the AI trade and earnings and how much of a buffer that is for S&P 500 EPS. So we’re continuing to see rates of upward revisions that are positive on that AI-related trade,” Calvasina said. “I’m not saying there’s a ton of room before we have a little bit of a breather, and we don’t think markets move up in a linear fashion. But I don’t think we’re overheated right now.”
Walt Disney, CVS Health, Kraft Heinz, Marriott and Uber Technologies will report earnings before Wednesday’s opening bell. Traders will also watch for ADP’s private payrolls report for April.
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