Stan Choe, Damian J. Troise And Alex Veiga
In this photo provided by the New York Stock Exchange, socially distanced traders work on the floor, Tuesday Dec. 15, 2020. Stocks on Wall Street are making another run at breaking their losing streak, climbing on Tuesday as negotiations drag on in Washington on whether to deliver more support for the economy. (Colin Ziemer/New York Stock Exchange via AP)
December 15, 2020 - 1:55 PM
Stocks notched broad gains on Wall Street Tuesday as renewed optimism that Washington will deliver more aid to the struggling economy put investors in a buying mood.
The S&P 500 climbed 1.3%, snapping a four-day losing streak. Technology companies powered much of the rally, which helped push the tech-heavy Nasdaq composite to an all-time high. An index of small-company stocks also set a record high. Treasury yields rose.