US stocks on the move: Hilton, MSCI, Tradeweb, Eli Lilly
SPY•U.S. stocks moved higher Tuesday, with the Dow up 1.02%, the S&P 500 up 0.43% and the Nasdaq up 0.25% at 1:30 p.m. EDT. Eli Lilly hit a record high as healthcare stocks rallied; MSCI climbed after beating Q3 estimates, Tradeweb rose on a roughly $2 billion Trumid deal, and Hilton gained after announcing a Nasdaq transfer.
1. Market advances
Wall Street's main indexes rose Tuesday as healthcare stocks rallied and oil prices softened, extending a recovery from the previous week's technology-led selloff. At 1:30 p.m. EDT, the Dow Jones Industrial Average was up 1.02% at 52,496.36, the S&P 500 was up 0.43% at 7,723.58 and the Nasdaq Composite was up 0.25% at 26,497.12.
2. Company moves
Eli Lilly hit a record high as healthcare stocks rallied. MSCI climbed after its third-quarter results beat Wall Street estimates, while Tradeweb reached a more than six-month high on a roughly $2 billion deal for Trumid. Hilton rose after announcing a transfer to Nasdaq.
