Technology and energy outperform other major sectors on Tuesday. Market sentiment improves as trade worries fade. Major equity indexes in the United States started the day slightly higher on Tuesday and extended their gains before retracing some of their upsides amid profit-taking in the last couple of hours of the session. Technology shares, which got hurt the most on Monday on concerns over potential restrictions on foreign investment in U.S. technology firms, made a solid comeback on Tuesday. The S&P 500 Information Technology Index (SPLRCT) ended the day 0.5% higher. On the other hand, news of the United States planning to force their allies to stop importing oil from Iran triggered a strong rally in crude oil prices. The barrel of West Texas Intermediate jumped above the $70 mark for the first time in more than a month, and the S&P 500 Energy Index (SPNY) added 1.4% to become the best performing sector. “There’s a relief rally in technology, and there’s a fundamentals rally in energy,” Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas, told Reuters. The Dow Jones Industrial Average closed the day 28.45 points, 0.12%, higher at 24,281.25 after adding as many as 85.16 points. The S&P 500 gained 5.96 points, or 0.12%, to 2,723.03 and the tech-heavy Nasdaq Composite rose 29.86 points, or 0.4%, to 7,561.86. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Back and forth between the US and other trading partners continues – ANZ FX Street 5 years Technology and energy outperform other major sectors on Tuesday. Market sentiment improves as trade worries fade. Major equity indexes in the United States started the day slightly higher on Tuesday and extended their gains before retracing some of their upsides amid profit-taking in the last couple of hours of the session. Technology shares, which got hurt the most on Monday on concerns over potential restrictions on foreign investment in U.S. technology firms, made a solid comeback on Tuesday. The S&P 500 Information Technology Index (SPLRCT) ended the day 0.5% higher. On the other hand, news of the United States planning… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.