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

/ / News

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.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.