Stocks ticked higher on Tuesday, bringing the S&P 500 to a near nine-month high as market participants continue to digest Apple's
Here's how the market settled on Tuesday:
S&P 500 Index
Dow Jones Industrial Average
Nasdaq Composite Index
Apple shares were 0.2% lower on the day after traders weighed the multiple announcements from the tech giant on Monday, including its highly anticipated mixed reality headset -- Apple Vision Pro. Meanwhile, shares of Unity Software
JPMorgan Chase analyst Samik Chatterjee said in a note following Apple's conference that "while the Vision Pro might not drive significant volumes given its premium price point, it could be the potential catalyst for the AR/VR market as Apple has proven in the past that consumer engagement can deliver willingness to pay premium pricing..."
Making headlines on Tuesday, Coinbase
Elsewhere, Boeing
"We are inspecting 787s in our inventory for a nonconforming conditions related to a fitting on the horizontal stabilizer," Boeing said in a statement. "Airplanes found to have a nonconforming conditions will be reworked prior to ticket and delivery."
GitLab
Looking ahead, Wall Street is expected to trade more mutedly ahead of the Federal Reserve's policy meeting next week, with no major economic reports scheduled for release this week.