Dow gains 125 points as investors weigh economic reopening, oil rallies

Dow gains 125 points as investors weigh economic reopening, oil rallies

US stocks rose Tuesday as investors continued to weigh economic-reopening efforts worldwide.. The Federal Reserve Bank of New York said on Monday that it will begin buying corporate-bond exchange-traded-funds Tuesday .. A measure of consumer prices excluding food and fuel in April posted the biggest monthly drop since 1957.. The Federal Reserve Bank of New York will begin buying corporate-bond exchange-traded funds Tuesday as a part of its expanded efforts to support the US economy and financial system in the coronavirus crisis.. Read more: A group of healthcare stocks is enjoying the market's biggest post-crash comeback, and has returned 1,000% over the past decade.. Oil prices climbed, with West Texas Intermediate crude rising as much as 6.8%, to $25.79 a barrel following further production cuts from Saudi Arabia announced on Monday..