Dow Jones posts 200 point gain, S&P 500 snaps year’s longest losing streak

U.S. stocks bounced on Tuesday as a wave of big technology companies prepared to report earnings. The Dow Jones Industrial Average
DJIA,
+0.62%
rose about 204 points, or 0.6%, to end near 33,140, posting its biggest daily percentage gain in about a week, according to preliminary FactSet data. The S&P 500 index
SPX,
+0.73%
gained 0.7% to snap a five-session skid, its longest so far in 2023. The Nasdaq Composite Index
COMP,
+0.93%
closed up 0.9%. Investors were focused on third-quarter earnings, including results from Microsoft
MSFT,
+0.37%,
Alphabet
GOOG,
+1.61%,
Visa
V,
+1.35%
and Texas Instruments
TXN,
+0.41%
after the closing bell Tuesday. Longer-duration Treasury yields also continued to retreat, with the 10-year rate
TMUBMUSD10Y,
4.836%
pegged at 4.82%, after briefly touching 5% a day earlier.