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The Dow traded up 0.57% to 49,219.77 while the NASDAQ rose 1.03% to 25,327.16.
PayPal shares fell 9% despite beating revenue and earnings estimates due to margin pressure concerns.
KEY POINTS
- Materials sector led gains with a 2.1% rise, while financial stocks declined 0.2% on Tuesday.
- Oil prices dropped sharply by 4.1% to $102.03, while gold reached $4,574.90, up 1.3%.
- Sales of new single-family homes increased 7.4% in March to 682,000 units.
COMPANIES
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