US Equity Markets End Higher Amid Broad Rally After Drop in Crude Oil Prices

MT Newswires Live04:07

US equity indexes ended higher Tuesday amid a broad rally led by technology and consumer discretionary after crude oil prices declined.

* Sufficient US forces are now deployed to carry out potential large-scale attacks on Iran, CNN reported, citing unnamed sources.

* The Conference Board's measure of consumer confidence rose to 91.7 in October from 84.2 in September, compared with the 81.0 expected in a survey compiled by Bloomberg.

* New orders for US durable goods rose 1.8% in September from a 0.1% gain in the previous month, missing expectations for a 1.9% increase in a Bloomberg-compiled survey.

* December West Texas Intermediate crude oil fell $1.96 to $99.82 per barrel, while December Brent crude, the global benchmark, was last seen down $1.96 at $113.85.

* Pentair (PNR) shares rose roughly 13%, the top gainer on the S&P 500, after the company reported Q3 adjusted earnings and net sales above market expectations.

* Boeing (BA) shares dropped nearly 11%, the worst performer on the Dow and the second-worst on the S&P 500, after the company's Q3 loss narrowed less than projected.

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