US stock markets closed higher on Tuesday, with investor enthusiasm focused on a wave of new listings that posted strong initial trading sessions.
The rally in these fresh equities helped lift broader indices, signaling continued appetite for risk assets despite underlying volatility in the tech sector.
Crude oil prices, however, faced headwinds.
Brent and WTI benchmarks retreated slightly after reports indicated a policy reversal by Donald Trump, introducing uncertainty into the energy complex.
The shift in political stance weighed on sentiment, offsetting some of the bullish momentum seen in equities.
Market attention is now pivoting toward the upcoming earnings season.