US Equity Markets Close Higher Amid Gains in Technology, Consumer Discretionary Sectors

MT Newswires Live

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US equity indexes closed higher Tuesday amid gains in consumer discretionary, industrials and technology sectors.

* The Dallas Federal Reserve's monthly general business services index fell to minus 3.2 in February from 2.7 in January, indicating a return to contraction.

* The Conference Board's measure of consumer confidence rose to 91.2 in February from 89.0 in January, exceeding the 87.1 expected by economists surveyed by Bloomberg.

* April West Texas Intermediate crude oil added $0.04 to settle at $66.35 per barrel, while April Brent crude, the global benchmark, was last seen down $0.01 at $71.48.

* Keysight Technologies (KEYS) shares were up roughly 21% after the electronics equipment manufacturer reported an upbeat fiscal Q2 outlook, while its results for the quarter beat market expectations.

* Expeditors International of Washington (EXPD) shares were down more than 7% after the company reported a year-over-year decline in Q4 earnings and revenue.

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