Major U.S. stock-indexes higher on Tuesday, driven by strong earnings reports and recovering oil prices, ahead of the Federal Reserve's policy meeting and Apple's results. Crude prices steadied above $31 a barrel on hopes that OPEC and non-OPEC producers would come together to tackle a massive supply glut. While the Fed is not expected to move on interest rates at its two-day meeting this week, investors will parse the commentary to gauge the impact of the recent global turmoil on the central bank's outlook.
Almost all of Dow stocks in positive area (27 of 30). Top looser - UnitedHealth Group Incorporated (UNH, -1,00%) Top gainer - 3M Company (MMM, +4,84%).
Almost all S&P sectors also in positive area. Top looser - Conglomerates (-0,3%). Top gainer - Basic Materials (+2,8%).
At the moment:
Dow 16018.00 +207.00 +1.31%
S&P 500 1887.25 +17.00 +0.91%
Nasdaq 100 4208.25 +21.50 +0.51%
Oil 31.30 +0.96 +3.16%
Gold 1118.00 +12.70 +1.15%
U.S. 10yr 2.01 -0.01
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