- The major Wall Street indices are trading mixed on Tuesday.
- Energy stocks post strong gains on rising crude oil prices.
The major stock indices in the US They opened in a mixed tone on Tuesday as investors remain cautious as they await the results of the second round of elections in Georgia, which will determine whether Democrats will retain a majority in the Senate.
At time of writing, the Dow Jones Industrial Average was up 0.18% to 30,281, the S&P 500 Index gained 15% to 3,706, and the Nasdaq Composite was posting small losses at 12,700.
Among the top 11 sectors, the Energy Index has risen 1.8% after the opening bell on rising crude prices. Following reports suggesting that Russia and Saudi Arabia reached an agreement to keep oil production stable in February, a barrel of West Texas Intermediate has risen more than 4% to $ 49.25.
S&P 500 chart (daily)
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
