Stocks moderately higher to start Tuesday as investors look past new coronavirus strain, DC aid package

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U.S. stocks opened mostly higher Tuesday, the first session after Congress passed a $900 billion coronavirus aid package for households and small businesses after months of negotiations. The Dow Jones Industrial Average lost 24 points, 0.1%, to open near 30,192, while the S&P 500 was flat, near 3,694. The Nasdaq Composite was up 38 points, 0.3%, near 12,780. Peloton Interactive Inc. shares surged nearly 10% after the bell after the company announced Monday that it will acquire another manufacturer of exercise equipment, Precor, for $420 million.
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