U.S. stocks closed sharply higher on Tuesday, as investors cheered further progress towards a vaccine and a formal clearance for President-elect Joe Biden's transition to the White House after President Donald Trump finally gave the green light for the formal transfer of power to begin.
US stocks were mixed on Tuesday, with most sectors in the S&P 500 index being higher while technology stocks bucked the trend.
U.S. stocks extended the rally on Tuesday as investors braced for the outcome of the presidential elections amid hopes for a clear-cut election outcome.
Wall Street stocks were mixed-to-lower on Tuesday, a day after their worst decline in more than a month.
Wall Street shares closed higher Tuesday on growing optimism that U.S. lawmakers are nearing a deal on a stimulus package after House of Representatives Speaker Nancy Pelosi said that she hoped a coronavirus aid agreement could be accomplished by the end of this week.