Stock Market Today: Energy Stocks Pop as Geopolitical Risks Rise

U.S. crude futures climb as Tehran-backed Houthi rebels from Yemen continue to attack shipping vessels in the Red Sea.

picture of oil rig in ocean with stock chart superimposed over it
(Image credit: Getty Images)

Stocks opened higher Tuesday and stayed there through the close as investors took in surging oil prices and upbeat economic data.  

At Tuesday's finish, the Dow Jones Industrial Average was up 0.7% at 37,557 – a new record close – the S&P 500 was 0.6% higher at 4,768, and the Nasdaq Composite had gained 0.7% at 15,003.

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.