A smiling trader works on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange.
  • US stocks ended higher on Tuesday to wrap up strong January gains. 
  • The Nasdaq Composite soared 10% after stocks in 2022 suffered bear market losses. 
  • The Federal Reserve's next rate hike is expected on Wednesday. 

US stocks finished higher Tuesday as a crop of corporate earnings and improving snapshots on US wage inflation and global growth rounded off a strong January for equities.