US stocks closed higher amid continued gains for the energy sector
US stocks closed on Tuesday with a collective rise, led by the index "Standard & Poor’s 500"Taking advantage of the momentum it witnessed "Wall Street" In The previous session amid developments in the Iranian war.
The general index closed up by 0.25% at 6716.09 points, while the Nasdaq Composite index rose by 0.47% to close at 22479.53 points. Oil prices, the non-essential consumer goods sector in the Standard & Poor’s 500 index recorded a significant 1% increase during the day, driven by gains by Expedia Group and Booking Holdings.
Strong revenue expectations from the airlines Delta and American also contributed to boosting these stocks. However, The aviation sector increased by more than 2% this month as a result of the disruption in global air traffic.
The energy sector was the leading sector in the index, as it rose by more than 1%, continuing its gains since the beginning of March to more than 4%.
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