U.S. stocks closed mostly higher on Tuesday, led by gains in energy companies, as investors reacted to mixed corporate earnings. The Dow Jones industrial average rose 59.66 points, or 0.33%, to 18,036.70. The S&P 500 rose 3.41 points, or 0.16%, to 2,095.84. The Nasdaq fell 10.96 points, or 0.22%, to 4,977.29.
JPMorgan (NYSE: JPM) released its results on Tuesday, which beat expectations. It reported $24.8 billion in revenue, or $1.45 earnings per share. The bank was expected to earn $24.5 billion, or $1.40 earnings per share, in the first quarter.
Chipmaker Intel Corp forecast a 3 percent jump in current-quarter revenue, based on expectations of stronger demand for its personal computer chips and continued strength in its data center business. The company’s net income rose to $1.99 billion, or 41 cents per share, in the first quarter ended March 28 from $1.93 billion, or 38 cents per share, a year earlier.
Apple Inc. has acquired Israeli camera-technology company LinX Computational Imaging Ltd. The companies had been discussing an acquisition price of about $20 million, according to people familiar with the matter.
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