Wall Street Indexes Rise as Companies Exceed Forecasts

Leading indexes on the American stock exchange rose on Tuesday, while many companies reported results that exceeded analysts' forecasts.

» Published: April 29 2025 at 22:07

Wall Street Indexes Rise as Companies Exceed Forecasts
Photo: Richard Drew/AP-TT

Broad S&P index and technology-heavy Nasdaq composite index both rose 0.6 percent, while the Dow Jones index gained 0.8 percent.

Among the winners was the industrial conglomerate Honeywell, whose profit and revenue were better than expected last quarter. Additionally, the company raised its profit forecast for the full year. The stock rose 5.4 percent.

Low-cost airline Blue Airways also rose, up 2.7 percent, following a positive interim report.

It went worse for General Motors. The car giant's stock fell 0.6 percent, despite a strong report. GM also decided to postpone a planned investor conference on Thursday due to "new information about changes in trade policy".

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By TTTranslated and adapted by Sweden Herald
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