The S&P 500 Index ($SPX) (SPY) Tuesday closed up +0.48%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.68%.
US stock indexes on Tuesday settled moderately higher, with the S&P 500 posting a 5-week high and the Nasdaq 100 posting a 1-month high. Stocks pushed higher as bond yields fell due to dovish comments from Fed Chair Powell, who said he doesn't think it's likely that the Fed's next move would be a rate hike.
