U.S. stocks advanced in early trading on Tuesday on solid financial results from Caterpillar, Verizon, but the gains were capped by rise in bond yields.
The Dow Jones Industrial Average climbed 0.27 percent, to 24,514.14, the S&P 500 was 0.27 percent higher, at 2,677.43 and the Nasdaq Composite surged 0.29 percent, to 7,149.02.
The yield on the benchmark 10-year Treasury note touched 3 percent for the first time since 2014.
Shares of Google owner Alphabet fell 2.9 percent, although company posted an 84% rise in profits for the last quarter.
Coca-Cola dropped 1.3 percent, despite positive data for the first quarter, which beat Wall Street estimates.
Travelers Cos. lost 3.6 percent, after company posted first-quarter earnings that missed analyst estimates. The losses from natural disasters exceed $300 million for the 5th consecutive quarter.