U.S. stocks bounced back on Tuesday, with major indexes edging higher following a soft start to the week. The Dow Jones Industrial Average advanced 0.3%, the S&P 500 gained 0.2%, and the Nasdaq rose 0.4%, supported largely by renewed strength in technology shares.Boeing (BA) was one of the standout performers on the S&P 500, soaring 8%. Investors reacted positively after the company’s newly appointed CFO told attendees at a UBS conference that Boeing’s efforts to boost aircraft production after last year’s safety-related slowdown remain on track. He also projected a return to positive free cash flow in 2026, reversing two years of heavy cash burn.
Intel (INTC) climbed 7% as the chipmaker unveiled plans to invest roughly $200 million to expand its Malaysian manufacturing operations. The stock continued momentum from late last week amid reports that Apple may become a major new customer.
Tech optimism extended to MongoDB (MDB), which jumped nearly 25%. The software company wowed investors with quarterly results that easily surpassed expectations and raised its full-year outlook, shortly after bringing in a new chief executive.
Meanwhile, XPeng (XPEV) slipped 6% after the Chinese EV maker announced November deliveries totaling just under 37,000 vehicles. While the figure represents a 19% year-on-year increase, it fell short of October’s performance in China’s fiercely competitive electric-vehicle market.
Shares of Symbotic (SYM) tumbled 16%, giving back much of last week’s nearly 40% surge following its upbeat earnings. The Walmart-backed robotics firm recently reported strong revenue and confirmed its first project with a medical-supply partner.
Newly added S&P 500 member SanDisk (SNDK) led index decliners, sliding 5%, cooling off after rallying on news of its inclusion last week.
