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Here's what happened to the stock market on Tuesday

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Traders booked profits from the major tech names and added to positions in the more beaten-down value stocks.

advanced 0.80% and United Airlines climbed 2.29%. "The price action is the reverse of Monday directionally as cyclicals/value outperform while investors book profits in growth/momentum," said one trader.

Investors were also monitoring the talks in Washington on the next coronavirus relief bill. Lawmakers face pressure to pass legislation before the end of the month, when the $600 per week federal unemployment insurance benefit is set to expire.

 

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