U.S. stocks rise as earnings lift shares, oil retreats

U.S. stocks were broadly higher in intraday trading Tuesday as stronger-than-expected company profits and a retreat in oil prices supported gains, while sharp swings in artificial intelligence shares limited the advance. The market readings were taken at different points during the session and do not establish how indexes finished the day. The S&P 500 was up about 0.3% to 0.4% in reports published during the day, and the Nasdaq Composite gained about 0.2%. The Dow Jones Industrial Average rose roughly 0.7% to 1%. The differences reflect intraday snapshots rather than a confirmed closing result. Equifax, Hasbro and 3M shares advanced after the companies reported quarterly profits above analysts’ expectations. Hasbro rose after saying quarterly revenue from Magic: The Gathering exceeded $600 million for the first time. Equifax’s results came despite high mortgage rates slowing some parts of its business, while 3M also reported stronger profit than expected. Oil prices eased after Brent crude approached $112 a barrel earlier in the session. It later traded around $108 to $109, according to reports. Brent had ranged from about $97 to $112 during the month amid uncertainty over...