Major stock market indexes displayed a mixed performance on Tuesday, with the Nasdaq clinging to gains after a morning reversal. Meanwhile, Apple (AAPL) stood out as a Dow Jones component, experiencing a 2% increase and edging closer to achieving a remarkable $3 trillion market capitalization at market close.

Apple's ascent was driven by bullish reports and positive analyst notes. BofA Securities analyst highlighted the tech giant's impressive App Store revenue growth of around 11% in the first fiscal quarter. Additionally, Apple received a boost from Taiwan-based supplier Foxconn, which reported better-than-expected sales figures in the first two months of the fourth quarter. As the leading maker of Apple iPhones, Foxconn's positive report further fueled Apple's stock rally.

In economic news, two significant business surveys were released on Tuesday. The November S&P Global U.S. Services Purchasing Managers' Index met expectations, coming in at 50.8. The November Institute for Supply Management Index exceeded economist estimates with a reading of 52.7, indicating expansion for both sectors.

Stock market indexes saw mixed results, as the Nasdaq climbed 0.1% while the Dow Jones Industrial Average dipped 0.3%. The S&P 500 trimmed 0.1% but all three major indexes remained above their 50-day moving averages. However, the small-cap Russell 2000 displayed weakness, sliding 1.3% but managing to stay above its 200-day moving average.

Notable movers in the stock market included consumer goods giant Procter & Gamble (PG), which experienced a 3% decline due to expectations of significant charges related to its 2005 Gillette acquisition. Entertainment company Sphere Entertainment (SPHR) tumbled around 13% as it announced plans for an offering of $225 million in convertible senior notes. Trucking and transportation company ArcBest (ARCB) also faced a steep decline of nearly 9% after missing third-quarter earnings and sales estimates.

However, there were also winners in the market. Project planning software company GitLab (GTLB) saw a surge in stock price, breaking out of an irregular base with a 54.38 buy point and exceeding analyst expectations with its October-quarter profit. Pharmacy retailer CVS Health (CVS) gained almost 4% after providing an optimistic revenue outlook for fiscal year 2024 and announcing plans for drug pricing and reimbursement initiatives.

In the electric vehicle (EV) sector, Nio (NIO) rallied following a smaller-than-expected loss in the third quarter, although revenue fell short of expectations. Deliveries, however, increased by over 75% compared to the same period last year. Tesla (TSLA) also experienced a 2% gain and is currently in a double-bottom base with a 278.98 buy point.

Meanwhile, Brazilian brokerage firm XP (XP) rebounded more than 4% after JPMorgan upgraded the stock's rating and raised its price target. Furthermore, Signet Jewelers (SIG) soared over 4% after reporting higher-than-expected third-quarter earnings and sales, placing the company above the buy zone of a lengthy consolidation.

As the market closes, all eyes will be on Apple's progress toward achieving its historic $3 trillion market capitalization milestone, which seems increasingly within reach.