economy
Tuesday's big stock stories: What’s likely to move the market in the next trading session
The Dow Industrials surged almost 700 points to notch a record close Monday. Tune in to CNBC on Tuesday for an interview with Snap CEO Evan Spiegel.
TL;DR
- Caterpillar stock has seen a significant increase due to its role in data center construction, up 18% in six months.
- McDonald's, Merck, and Pfizer stocks have experienced declines in recent months.
- Treasury Secretary Scott Bessent and Philadelphia Fed President Anna Paulson are scheduled to appear on CNBC to discuss market topics.
- Advanced Micro Devices (AMD) stock has risen 34% in three months but has stumbled since its June 30 high.
- SpaceX stock has fallen about 50% since hitting a high on June 16.
- Snap reported better-than-expected revenue for the second quarter, with its stock up more than 7% after hours.
- Palantir Technologies stock is up about 15% after hours following an earnings report that showed a 93% year-over-year revenue jump.