Equities Hike on Confidence Data



U.S. equities rose on Tuesday as investors digested strong consumer confidence data, while watching out for any new developments regarding the White House's agenda.

The Dow Jones Industrials regained 25.03 points to start the session at 20,576.01,

The 30-stock index was also trying to avoid its longest losing streak since 1978, having hit eight straight session on Monday.

The S&P 500 recovered 2.43 points to 2,344.02, with financials outperforming.

The NASDAQ Composite gathered 3.36 points to 5,843.73

Consumer confidence surged this month, hitting 125.6, up from 116.1 in February, the Consumer Board Consumer Confidence Index showed.

Other data released Tuesday included the S&P CoreLogic Case-Shiller home price index, which showed U.S. home prices rose 5.9% to a 31-month high in January.

Investors on Tuesday were also waiting for remarks from key Fed officials, including Vice Chairman Stanley Fischer, who will speak to the media early Tuesday afternoon.

Prices for the benchmark 10-year Treasury note was unchanged, keeping yields at Monday’s 2.38%.

Oil prices rebounded 37 cents to $48.10 U.S. a barrel

Gold prices added two dollars at $1,257.90 U.S. an ounce.