Stocks Rise as Tech Earnings Loom While Manufacturing Demand Picks Up

Stocks gained ground amid a revival in the 10-year Treasury yield, with investors awaiting tech giant earnings.

Manufacturing demand increased for the first time in 6 months in October, with the PMI hitting a 6-month high.

Stocks rose at the open amid a climb in yields, ahead of earnings from Microsoft, Google, and others.

GM shares rose on a revenue and profit beat but withdrew 2023 guidance on strike uncertainty.

Futures pointed to a higher open as focus turned to the earnings deluge from tech giants.