Stock Ended Slightly Higher, Nasdaq at Record

U.S. stocks ended slightly higher in a thinly traded session on Tuesday, with the Nasdaq hitting its latest in a series of records, helped by a gain in technology shares. The Dow Jones Industrial Average rose 11.23 points, or 0.06%, to 19,945.04. The S&P 500 was up 5.09 points, or 0.22%, to 2,268.88. The Nasdaq Composite gained 24.75 points, or 0.45%, to 5,487.44.

Crude futures continued their end-of-year rally Tuesday, taking oil to its highest finish since July 2015 on expectations that global oil producers will honor a landmark agreement to reduce supply. Light, sweet crude futures for delivery in February advanced 88 cents, or 1.7%, to finish at $53.90 a barrel. February Brent crude rose 93 cents, or 1.7%, to close at $56.09 a barrel.

The European Central Bank said Banca Monte dei Paschi di Siena SpA needs about 8.8 billion euros ($9.2 billion) to bolster its balance sheet, almost twice the amount the Italian lender had sought to raise in a failed capital increase.

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