All three major U.S. equity indexes gapped up at the open and climbed through Tuesday's trading session after the government said inflation wasn't as hot as expected in July. All 11 sectors were higher amid a broad rally also fueled by another extension of President Donald Trump's deadline for an agreement with China on tariffs.
Communication services, technology and financials led the way higher, with utilities and real estate turning from red to green late in the session. President Trump has extended by 90 days (until November 10) a deadline to reach a new trade agreement with China. And earnings news continues to be generally positive.
