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The Dow Jones index gained more than 300 points on Tuesday.
Pfizer beat analyst estimates with Q1 earnings of 75 cents per share and $14.45 billion revenue.
KEY POINTS
- Materials sector shares jumped 1.8% while real estate shares declined 0.2% Tuesday.
- Oil prices sharply dropped by 4.2% to $101.99, while copper rose 2.7% to $6.0060.
- Sales of new single-family homes rose 7.4% month-over-month to 682,000 in March.
- The ISM services PMI declined to 53.6 in April, indicating slowing service-sector expansion.
COMPANIES
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