On Tuesday, March 26, 2024, US stocks made gains in the midday session after reversing a decline from the previous day. This was largely due to a report indicating that orders for durable goods increased in February. McCormick & Company led the S&P 500 as the spice maker surpassed profit and sales expectations thanks to higher prices. Additionally, Tesla shares rose after CEO Elon Musk announced a one-month free trial of their driver assistance system.

Market sentiment remained positive overall, with the Dow, S&P 500 and Nasdaq trading higher. Seagate Technology also posted gains following an upgrade from Morgan Stanley, which predicted a potential margin boost from increased demand for artificial intelligence. However, 3M suffered a drop after announcing it was nearing a settlement in a lawsuit related to military earplug claims.

In commodities and currencies, oil futures, gold futures and the 10-year Treasury note yield remained stable. The US dollar strengthened against the euro, pound and yen while major cryptocurrencies showed mixed results.

By Samantha Johnson

As a dedicated content writer at newspuk.com, I immerse myself in the art of storytelling through words. With a keen eye for detail and a passion for crafting engaging narratives, I strive to captivate our audience with each piece I create. Whether I'm covering breaking news, delving into feature articles, or exploring thought-provoking editorials, my goal remains constant: to inform, entertain, and inspire through the power of writing. Join me on this journalistic journey as we navigate through the ever-evolving media landscape together.

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