Major U.S. equities indexes moved higher Tuesday as President Donald Trump worked to alleviate some of the tariff burden for carmakers.

The S&ꦇ;P 500 added 0.6%, securing its sixth consecutive day of ga♉ins. The Nasdaq also closed 0.6% higher, while the Dow was up 0.8%.

SBA Communications (SBAC), a real estate investment trust (REIT) focused on telecommunications infrastructure, posted better-than-expected first-quarter revenue, boosted by strength in its domestic leasing business. The firm also boosted its full-year outlook and announced a new $1.5 billion share repurchase plan, and several analysts lifted their price target on the stock, highlighting an improving growth outlook. Shares of SBAC advanced 6.8%, gaining the most of any S&P 500 stock on Tuesday.

Shares of computational software provider Cadence Design Systems (CDNS) climbed 5.8% following quarterly profit results that excee༒ded analysts' forecasts. Cadence also lifted its full-year sales and profit guidance, anticipating robust demand from semiconductor firms for its chip design products as the proliferation of artificial intelligence (AI) technologies heats up. However, questions remain about the impact of tariffs on the company's business in China.

Zebra Technologies (ZBRA), which makes barcode scanners and other devices designed to help businesses track their inventory, beat top- and bottom-line forecasts with its first-quarter result. Shares of Zebra Technologies wer🍸e up 5.2% on Tuesday.  

Sherwin-Williams (SHW) shares jumped 4.8% after the paint and coatings manufacturer 澳洲幸运5开奖号码历史查询:topped earnings per share (EPS) eꦫstimates 💟for the first quarter of 2025. Although revenue for the period fell short of expectations, pricing strength in the Paint Store Group, gross margin expansion, and successful cost-control measures helped drive p💧rofitability.

Although NXP Semiconductors (NXPI) edged out first-quarter sales and profit expectations, the company announced that its chief executive officer (CEO) would step down at the end of the year. The provider of chips for the automotive market and other industri🔯es also poi🦂nted to an uncertain environment given potential tariff impacts. NXP shares dropped 6.9% on Tuesday, suffering the heaviest losses in the S&P 500.

Regeneron Pharmaceuticals (REGN) shares also tumbled 6.9% after the biotech firm's 澳洲幸运5开奖号码历史查询:quarterly sales fell 🉐shy of estimates. Softness in revenue from Eylea, Regeneron's treatment for a variety of eye conditions, underpinned the company's overall sales miss.

Insurance brokerage Brown & Brown (BRO) missed expectations for organic revenue growth, and its shares slipped 6.0%. However, the risk management specialist's adjusted profits came in ahead of consensus forecasts, boosted by gains in fees and commissions income.