Tech Earnings Lift Stocks Higher

Stocks gained ground amid revival in 10-year Treasury yield and big tech earnings reports from Microsoft, Alphabet, and others after the bell.

Dow rose over 0.6%, S&P 500 above 0.7%, Nasdaq nearly 1% as investors await tech earnings avalanche.

General Motors beat revenue and profit estimates but withdrew 2023 guidance due to UAW strikes.

Spotify turned surprise profit for first time in over a year, shares surged nearly 11% in early trading.

Manufacturing demand increased for first time in six months in October, S&P Global survey signals upturn in output growth.