The Stock Market Is Gaining Steam. Palantir Is Leading the Way.
The stock market was gaining steam in Tuesday morning trading as Wall Street looked past the latest tariff headlines and focused on earnings.
The Nasdaq Composite was up 1.2%. The S&P 500 was up 0.7%. The Dow rose 100 points, or 0.2%. The market was rallying broadly, with 303 S&P 500 stocks on the rise, but Palantir was a clear winner in the wake of its latest earnings report.
Palantir was the top S&P stock as it surged 25% which would be another record close. The stock is up about 380% over the past 12 months. Super Micro Computer was also rallying after the firm said it would provide a fiscal second-quarter business update next week.
