(MENAFN- Qatar News Agency) US stocks closed slightly higher Tuesday, buoyed by a jump in oil prices after Turkey's downing of a Russian warplane raised concerns over the possibility of disruptions to energy output in the region.
Gains by both the Dow industrials and the S&P 500 were concentrated in the energy and materials sectors, as a 2.7% jump in crude prices CLF6, +0.40% the largest one-day gain in three weeks, led to a 2.2% jump in energy shares, which helped lift broader markets.
The S&P 500 SPX, +0.12% ended the session up 2.55 points, or 0.1%, at 2,089.14. The Dow Jones Industrial Average DJIA, +0.11% rose 19.51 points, or 0.1%, to settle at 17,812.19, and the Nasdaq Composite COMP, +0.01% closed up 0.33 point, or less than 0.1%, at 5,102.81.
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