U.S. stocks were higher in the final hour of trading on Tuesday, on pace to finish the holiday-shortened session on a positive note.
The S&P 500 was rising 0.9% as of 12:15 p.m. Eastern time, aided by an advance of over 2% in the consumer discretionary sector. Shares of Tesla were up 5.1%, while Starbucks Corp.’s stock was up 2.3%.
The S&P 500’s financials sector was popping over 1%, while the tech-heavy information technology sector was up 0.9%, according to FactSet data.
All of the S&P 500’s 11 sectors were trading in the green on Tuesday.