Oil prices also went up. West Texas Intermediate crude, the US benchmark, ended at about $73.20 a barrel. Brent crude, the international benchmark, ended at about $76.48 a barrel.
Dow, S&P 500, and Nasdaq Rise/usa stock market stock
The Dow went up by 294 points, or 0.8%. During the day, it was up by more than 700 points at its highest. The S&P 500 and Nasdaq both went up by 1%.
Market Still Down for the Week
Even though stocks went up on Tuesday, they did not make up for the losses from earlier in the week. On Monday, the Dow and S&P 500 had their worst day since 2022 because weak job data made people worry about a US recession.
The mood on Wall Street was better on Tuesday. The Cboe Volatility Index (VIX), which shows how much people expect the stock market to go up and down, dropped to 26.
Fear & Greed Index
CNN’s Fear & Greed Index, which looks at seven ways to measure market feelings, was still in the “extreme fear” zone but went up to 23 from 19 on Monday.
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