BECKHAM
09-04-2013, 07:28 PM
Stocks were slightly higher Tuesday, after Alcoa turned in a mixed earnings report Monday night.
The aluminum giant's earnings were ahead of expectations but its revenue missed forecasts.
Alcoa is the first major company to report first-quarter earnings and as a result is closely watched.
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Wall Street ended higher Monday. The Dow rose 0.3% to 14,613.48. The S&P 500 rose 0.6% to 1,563.07. The Nasdaq composite gained 0.6% to 3,222.25.
Japan's benchmark stock index failed to secure a fifth straight day of gains on Tuesday. The Nikkei 225 index ended flat at 3,192.35. South Korea's Kospi rose 0.11% to 1,920.74 as tension brewed on the Korean peninsula.
In Europe, the region's Stoxx Europe 600 index saw modest gains -- up around 0.4% to 288.92.
Benchmark oil for May delivery was up 28 cents to $93.64 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 66 cents to finish at $93.36 a barrel on Monday.
The aluminum giant's earnings were ahead of expectations but its revenue missed forecasts.
Alcoa is the first major company to report first-quarter earnings and as a result is closely watched.
TRACK YOUR STOCKS: Get real-time quotes with our free Portfolio Tracker (https://portfoliotracker.usatoday.com/?uref=stockstory/)
Wall Street ended higher Monday. The Dow rose 0.3% to 14,613.48. The S&P 500 rose 0.6% to 1,563.07. The Nasdaq composite gained 0.6% to 3,222.25.
Japan's benchmark stock index failed to secure a fifth straight day of gains on Tuesday. The Nikkei 225 index ended flat at 3,192.35. South Korea's Kospi rose 0.11% to 1,920.74 as tension brewed on the Korean peninsula.
In Europe, the region's Stoxx Europe 600 index saw modest gains -- up around 0.4% to 288.92.
Benchmark oil for May delivery was up 28 cents to $93.64 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 66 cents to finish at $93.36 a barrel on Monday.