Dec 15, 2020 19:57 GMTFXStreet News
S&P 500 Index is up more than 1% following Monday’s decline.
Halliburton Co (HAL: NYSE) is one of the top gainers on Tuesday.
Pfizer Inc (PFE: NYSE) shares are down nearly 2%.
After closing the first day of the week in the negative territory, the S&P 500 Index (SPX) opened higher on Tuesday and preserved its bullish momentum on the back of renewed stimulus hopes and coronavirus vaccine optimism. As of writing, the DPX was up 1.13% on the day at 3,688.
S&P 500 top movers
Earlier in the day, Citigroup announced that it raised the rating for Halliburton Co (HAL: NYSE) stock to “Buy” from “Neutral”. Last week, UBS and Simmons Energy both hiked their price targets. Boosted by these developments, HAL is the biggest daily percentage gainer on Tuesday, rising 5.93% at $20.09.