Stocks were rising on Tuesday after the major indexes dipped into an early hole to start the month of December.
The Dow Jones Industrial Average rose 131 points, or 0.3%. The S&P 500 was up 0.3%. The Nasdaq Composite was up 0.4%.
Sevens Report Research’s Tom Essaye writes that futures were higher, “thanks to the combination of a strong Japanese government bond auction and largely as-expected EU inflation data which are both helping yields stabilize after a sharp rise to start December yesterday.”