U.S. Stock Markets Climb as Oil Prices Drop Sharply

New York: Major U.S. stock indexes surged on Tuesday, while West Texas Intermediate (WTI) crude oil prices dropped by more than $3, falling to $64.93 per barrel.

According to Jordan News Agency, the Dow Jones Industrial Average jumped 507 points to close at 43,089, marking a 1.19% increase. The tech-heavy Nasdaq Composite rose 281 points to reach 19,912, up 1.43%. Meanwhile, the S and P 500 index gained approximately 67 points, ending the session at 6,092, a rise of 1.11%.