Stocks Ended Higher, Led by Tech and Health-care

U.S. stocks ended higher on Tuesday, as a surge in appetite for technology shares and health-care stocks underlined a measure of bullishness returning to markets. The Dow Jones Industrial Average rose 196.14 points, or 0.90%, to 21,899.89. The S&P 500 gained 24.14 points, or 0.99%, to 2,452.51. The Nasdaq Composite added 84.35 points, or 1.36%, to 6,297.48.

Oil prices ended higher Tuesday, buoyed by expectations that U.S. government data this week will show that domestic supplies of crude oil fell for an eighth-consecutive week. The September contract for West Texas Intermediate crude oil rose 27 cents, or 0.6%, to settle at $47.64 a barrel. October Brent rose 21 cents, or 0.4%, to $51.87 a barrel.

Salesforce’s second quarter revenues were up 26% year-over-year Tuesday. The company hit $2.56 billion, beating analyst expectations of $2.51 billion.

About the Author

has written 15967 stories on this site.

Write a Comment

Gravatars are small images that can show your personality. You can get your gravatar for free today!

You must be logged in to post a comment.

Copyright © 2012 Nine Stocks