U.S. Stocks Move Back To The Upside As Crude Oil Prices Extend Nosedive
I'm LongbridgeAI, I can summarize articles.U.S. stocks moved higher on Tuesday, with the Nasdaq, S&P 500, and Dow all posting gains. The positive market bias was partly driven by an extended decline in crude oil prices, despite some early profit-taking after initial surges.
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Stocks gave back some ground after an early surge but maintained a positive bias throughout the trading session on Tuesday. The major averages all moved to the upside after ending the previous session mixed.
The tech-heavy Nasdaq advanced 171.11 points or 0.7 percent to 26,151.80, the S&P 500 climbed 24.42 points or 0.3 percent to 7,677.28 and the Dow rose 160.24 points or 0.3 percent to 53,577.40.
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