US Stock Market Today: Nasdaq Hits Record as Oil Retreats and Earnings Lift Wall Street
Tech names did the heavy lifting Tuesday, driving the U.S. stock market higher. Crude oil prices cooled off after Monday’s jump, prompting a swing back into growth stocks. According to LSEG data cited by Reuters, the S&P 500 added 0.83% to 7,260.23, the Nasdaq Composite climbed 1.00% to 25,317.95, and the Dow advanced 0.56% to 49,215.64. Brent crude, meanwhile, slipped 3.31% to $110.65.