Stocks rose on Tuesday, building on the previous session’s strong gains, as lawmakers try to make inroads on a new coronavirus stimulus package.
The Dow Jones Industrials grew 91.71 points to 26,756.11.
The S&P 500 gained 1.57 points to 3,296.18. Both the Dow and S&P 500 were on pace to post three-day winning streaks.
The NASDAQ faded 22.76 points to 10,880.04.
Apple rose 0.6% and UnitedHealth gained 1.5%. The energy and real estate sectors rose more than 1% each to lead the S&P 500 higher.
Airline stocks experienced broad gains as well. United and Delta Air Lines both advanced more than 2%. American jumped 5.1% and JetBlue gained 3.1%.
Tuesday’s readings come as lawmakers struggle to make inroads on a new coronavirus stimulus package. House Speaker Nancy Pelosi said she, Senate Minority Leader Chuck Schumer and White House chief of staff Mark Meadows held “productive” discussions on Monday, but added there are several issues still outstanding
Prices for the 10-Year Treasury gained, lowering yields to 0.52% from Monday’s 0.54%. Treasury prices and yields move in opposite directions.
Oil prices regained 58 cents to $41.59 U.S. a barrel.
Gold prices shone $28.10 brighter to $2,014.40 U.S. an ounce.
