What is driving Tuesday’s market with US stocks surging before Microsoft and Google earnings, while Bitcoin anticipates its sixth consecutive day of gains?

At midday trading in New York, stocks experienced positive growth as all major indices were in the green. Furthermore, 9 out of the 11 sectors in the S&P 500 posted gains. Traders are eagerly awaiting earnings reports from tech giants Alphabet, Inc. and Microsoft Corp., scheduled to be released after the market closes. They are also closely monitoring developments in the Israel-Hamas war. China’s announcement of an expanded policy stimulus has contributed to market sentiment, and better-than-expected U.S. PMI data for October indicates expansion in both the services and manufacturing sectors. Additionally, Bitcoin has seen a surge for the sixth consecutive day, briefly surpassing 35,000 before retracing to 33,900.