U.S. stocks climbed Tuesday as the price of oil made its biggest jump in seven months and energy companies rose with it. Technology stocks like Microsoft and Google’s parent Alphabet traded higher and bond yields slipped, a break with the pattern since last week’s election.
The Dow Jones industrial average gained 54.37 points, or 0.3 per cent, to 18,923.06.
The Standard & Poor’s 500 index climbed 16.19 points, or 0.7 per cent, to 2,180.39.
The Nasdaq composite jumped 57.22 points, or 1.1 per cent, to 5,275.62.
For the week:
The Dow is up 75.40 points, or 0.4 per cent.
The S&P 500 is up 15.94 points, or 0.7 per cent.
The Nasdaq is up 38.51 points, or 0.7 per cent.
For the year:
The Dow is up 1,498.03 points, or 8.6 per cent.
The S&P 500 is up 136.45 points, or 6.7 per cent.
The Nasdaq is up 268.21 points, or 5.4 per cent.