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US Stocks Dip Ahead of Earnings Reports and Fed Meeting

Stocks on the leading U.S. indices tended mostly down on Tuesday as investors prepared for a round of earnings reports from major companies and the start of the Federal Reserve policy meeting. The Nasdaq and S&P 500 both set record highs in the previous session, but these indices slipped Tuesday morning in early trading.

S&P 500, Nasdaq Reach Record Highs After Weak US Jobs Data; Broadcom Surges

The S&P 500 rose 27.0 points, or 0.42%, to 6,529.08, while the Nasdaq Composite rose 152.7 points, or 0.70%, to 21,860.441 at the opening bell. Broadcom surged 9% to a record high after forecasting fourth-quarter revenue above estimates and expecting AI revenue growth to 'improve significantly' in fiscal-year 2026.

US Stock Market Hits New High, Hedge Fund Assets Reach $5.2 Trillion

The S&P 500 and Nasdaq 100 indices closed at historic highs, driven by earnings from major tech companies and performance forecasts from Apple Inc. Hedge funds absorbed $45 billion in funds in Q1 2026, setting a record for the highest inflow of funds in two quarters since 2007, with industry assets reaching $5.2 trillion.