US Stocks End Higher as Investors Buy the Dip Amid Iran Conflict
Fire and plumes of smoke rise from an oil facility in Fujairah, United Arab Emirates on March 14.
Photographer: Altaf Qadri/AP PhotoUS stocks advanced for a second straight day as investors buy the dip, signaling confidence in the markets even as Iran war tensions escalate.
The S&P 500 Index ended Tuesday 0.3% higher, bouncing off a key support level. Micron Technology, among the leaders in the gauge, rose 4.5% ahead of its highly-anticipated earnings on Wednesday after market close, while Exxon Mobil Corp., also a top gainer, increased 1% on strong US gas demand due to the war.