<p>Wall Street stocks jumped early Tuesday, extending April's upward trend after mixed earnings from a wide range of large companies.</p>.<p>About 15 minutes into trading, the Dow Jones Industrial Average stood at 24,445.95, up 1.3 percent, putting it on track for a fifth straight increase.</p>.<p><strong><a href="https://www.deccanherald.com/national/coronavirus-live-updates-india-sees-lowest-daily-growth-rate-tally-crosses-26k-concerns-mount-over-maharashtra-827545.html" target="_blank">For latest updates and live news on coronavirus, click here</a></strong></p>.<p>The broad-based S&P 500 also gained 1.3 percent to 2,915.41, while the tech-rich Nasdaq Composite Index advanced 0.7 percent to 8,794.16.</p>.<p>After a brutal March, stocks have risen most of April as investors bet that the coronavirus outbreak has stabilized and anticipate a lift from unprecedented fiscal and monetary stimulus enacted in the wake of economic shutdowns to combat the ailment.</p>.<p><strong><a href="https://www.deccanherald.com/tag/coronavirus" target="_blank">CORONAVIRUS SPECIAL COVERAGE ONLY ON DH</a></strong></p>.<p>Earnings from a slew of large companies were mixed.</p>.<p>3M reported higher profits following a surge in demand for its N95 "respirator" masks, while Caterpillar reported a drop in profits on a weak outlook for commodities and warned that second-quarter results would suffer further.</p>.<p>Pfizer confirmed its full-year forecast, saying increased consumer purchases of medications offset the hit from the cessation of non-essential surgical procedures. PepsiCo withdrew its full-year forecast, citing uncertainties in the global economy.</p>
<p>Wall Street stocks jumped early Tuesday, extending April's upward trend after mixed earnings from a wide range of large companies.</p>.<p>About 15 minutes into trading, the Dow Jones Industrial Average stood at 24,445.95, up 1.3 percent, putting it on track for a fifth straight increase.</p>.<p><strong><a href="https://www.deccanherald.com/national/coronavirus-live-updates-india-sees-lowest-daily-growth-rate-tally-crosses-26k-concerns-mount-over-maharashtra-827545.html" target="_blank">For latest updates and live news on coronavirus, click here</a></strong></p>.<p>The broad-based S&P 500 also gained 1.3 percent to 2,915.41, while the tech-rich Nasdaq Composite Index advanced 0.7 percent to 8,794.16.</p>.<p>After a brutal March, stocks have risen most of April as investors bet that the coronavirus outbreak has stabilized and anticipate a lift from unprecedented fiscal and monetary stimulus enacted in the wake of economic shutdowns to combat the ailment.</p>.<p><strong><a href="https://www.deccanherald.com/tag/coronavirus" target="_blank">CORONAVIRUS SPECIAL COVERAGE ONLY ON DH</a></strong></p>.<p>Earnings from a slew of large companies were mixed.</p>.<p>3M reported higher profits following a surge in demand for its N95 "respirator" masks, while Caterpillar reported a drop in profits on a weak outlook for commodities and warned that second-quarter results would suffer further.</p>.<p>Pfizer confirmed its full-year forecast, saying increased consumer purchases of medications offset the hit from the cessation of non-essential surgical procedures. PepsiCo withdrew its full-year forecast, citing uncertainties in the global economy.</p>