Stocks Ended Higher, Oil Prices Slumped

U.S. stocks ended higher on Tuesday and were on a high note for 2019. The Dow Jones Industrial Average rose 76.30 points, or 0.27%, to 28,538.44. The S&P 500 was up 9.49 points, or 0.29%, to 3,230.78. The Nasdaq Composite gained 26.61 points, or 0.30%, to 8,972.60.

Oil futures slumped in the final trading session of the year Tuesday, but logged the biggest yearly gains for both major crude benchmarks in three years. West Texas Intermediate crude for February delivery fell 62 cents, or 1%, to end at $61.06 a barrel, while March Brent crude lost 67 cents, or 1%, to finish at $66 a barrel.