STOCK MARKET TODAY: U.S. Stocks Rise on Strong Earnings as Traders Try to Bounce Back from Losing Streak

• U.S. stocks rose Tuesday morning as corporate earnings continued to beat expectations.

• Shares of companies like Morgan Stanley and Bank of America climbed on the back of first-quarter industry merit.

• Treasury yields also climbed as investors recalibrated Fed expectations.

U.S. stock indexes were higher Tuesday morning as investors tried to reverse a streak of declines following strong corporate earnings.

Shares of UnitedHealth, Morgan Stanley and Bank of America, among others, jumped in pre-panel trading on better-than-expected first-quarter industry results.

According to FactSet, approximately 80% companies have exceeded earnings estimates to date.

"While many companies expect first quarter earnings to be weaker than the full year, we believe our previous forecasts were too conservative and that with the first quarter earnings season upon us, earnings will be significantly ahead of expectations," said Bryan Reilly, manager of the Carpet Furnishings Group at CIBC Private Wealth US. Bryan Reilly said.

These reports are helping to restore confidence among investors, who have become nervous in recent days over both geopolitics and the prospect of a delay in the interest rate pivot. Treasury yields continued to rise on Tuesday, suggesting that these concerns have not fully subsided. 10-year yields rose 5 basis points to 4.686%.

A number of Fed officials are scheduled to speak this week, starting with Deputy Matron Philip Jefferson. The Fed will release the Beige Book on Wednesday.

Here's what the U.S. stock indexes looked like at the 9:30 a.m. opening bell on Tuesday:

• Standard & Poor's 500 Index: 5057.94, down 0.08 percent

• Dow Jones Industrial Average37906.80 points, up 0.45% (+169.54 points)

• Nasdaq ResonanceIndex 15,848.73, down 0.22%.

What else happened today?

• Jamie Dimon Profits $183 Million From JPMorgan Chase Stock Sale.

• Market gurus warn that the stock market will plunge 30%, but that's before a bigger plunge after the election.

• As China continues to struggle to recover its economy, the bottom line of U.S. companies, including Apple and Tesla, has taken a hit.

Commodities, bonds and cryptocurrencies:

• West Texas resonance Intermediate crude oil fell 0.2% to $85.26 per barrel. International benchmark Brent crude oil fell 0.2% to $89.91 per barrel.

• Gold rose 0.5% to $2,394 an ounce.

• The 10-year Treasury yield climbed 5 basis points to 4.686%.

• Bitcoin fell 0.5% to $63,135.

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