REUTERS: U.S. stock indexes rose on Tuesday, building on the previous session's momentum, as investors anticipated strong results from Amazon and Google-parent Alphabet while also looking for signs of progress on a pandemic relief package.
Meanwhile, the Democratic-led U.S. House of Representatives prepared to take the first step forward on President Joe Biden's US$1.9 trillion COVID-19 relief package on Tuesday, with a key vote expected to fast-track the measure through Congress. New cases of COVID-19 in the United States fell for a third week in a row, the first time the country has seen such an extended decline since last September.
The so-called"meme" stocks GameStop Corp, AMC Entertainment and Nokia tumbled between 7.3per cent and 45per cent, while miners Hecla Mining Co and Coeur Mining Inc tracked a fall in spot silver prices.