Stock Market Today: Energy Sector Leads Equity Comeback

Oil stocks helped the broader stock market ignore a troubling retail signal and more rate-hike fears Tuesday.

Oil derricks against a multicolor sunset
(Image credit: Getty Images)

The major indexes swung to a positive finish Tuesday after shrugging off a couple of would-be headwinds.

"After holding on to slight gains late in the trading session yesterday, U.S. equities came under considerable pressure overnight and in the early hours this morning, with two major catalysts driving this early underperformance," notes Michael Reinking, senior market strategist at the New York Stock Exchange.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for Kiplinger.com, and the Managing Editor for InvestorPlace.com before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.