Stocks rise led by tech | 5 takeaways from Yellen hearing | Netflix surging

Stocks edged higher on Tuesday led by technology shares, rebounding from a rough week.

VIEW IN BROWSER | SUBSCRIBE TUE, JAN 19, 2021 EVENING BRIEF AS OF TUE, JAN 19, 2021 • 04:19 ET DJIA 30930.52 +0.38% +116.26 S&P 500 3798.91 +0.81% +30.66 NASDAQ 13197.18 +1.53% +198.68   Most Active DOW NAME LAST CHG %CHG AAPL 127.83 +0.69 +0.54% INTC 57.99 +0.41 +0.71% MSFT 216.44 +3.79 +1.78% S&P 500 NAME LAST CHG %CHG AAPL 127.83 +0.69 +0.54% BAC 32.77 -0.24 -0.73% F 10.02 +0.19 +1.93% NASDAQ NAME LAST CHG %CHG AAPL 127.83 +0.69 +0.54% AMD 89.45 +1.24 +1.41% INTC 57.99 +0.41 +0.71%   EDITOR'S NOTE The earnings season is off to a great start, but the market doesn't seem to care.   On Tuesday, shares of Goldman Sachs turned lower even after the bank crushed expectations for fourth-quarter profit and revenue on the back of strong performance from its equities traders and investment bankers. The first week of earnings season also marked one of the strongest beginnings of a reporting cycle. Bank of America data showed 88% of the S&P 500 companies that have reported topped estimates.   Many on Wall Street believe the market is focused on the outlook for 2021 to confirm the foundation of the record rally. The ultimate size of fiscal Covid stimulus is also a top-of-mind driver for investors as more spending would translate into further profit growth.   "We expect investors will look through 4Q results and focus on company commentary about the trajectory of recovery in 2021," David Kostin, Goldman's head of U.S. equity strategy, said in a note. "As investors look to 2021, policy remains a key driver for corporate profits." Yun Li | CNBC Markets and Investing Reporter @YunLi626 TOP NEWS  Dow rises more than 100 points to start the week, tech stocks lead the gain Five key takeaways from Janet Yellen's Treasury confirmation hearing Netflix shares jump after subscriber numbers blow away estimates Trump provoked deadly Capitol riot, Senate GOP leader Mitch McConnell says Treasury nominee Yellen says U.S. can afford higher corporate tax rate if it coordinates with other countries Goldman says market correction risk is rising, but a bear market is unlikely Trump pardons expected day before Biden inauguration IRS may have paid $57 million in error for Trump tax break, report finds Covid live updates: U.S. death toll tops 400,000; teachers next in line for vaccinations Peloton, Lululemon, Apple and others are betting the fitness-at-home shift is here to stay   TOP VIDEO Richard Branson on Virgin Orbit's successful small rocket launch   CNBC PRO Goldman says buy these bargain stocks before their earnings snap back to pre-pandemic levels   SPECIAL REPORTS SpaceX bought two former Valaris oil rigs to build floating launchpads for its Starship rocket Clean energy will be a top theme in ETFs this year, market analysts say   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS