Stocks finished higher on Tuesday as investors reacted to plans for continued stimulus spending talks in Washington.
Treasury Secretary Steven Mnuchin and Mark Meadows, the White House chief of staff, were set to meet today with House Speaker Nancy Pelosi of California and Sen. Chuck Schumer of New York, the minority leader at 3:30 p.m. ET, NBC News reported.
The Commerce Department said factory orders rose 6.2%, boosted by a surge in demand for motor vehicles, after rebounding 7.7% in May. Economists polled by Reuters had forecast that orders advanced 5% in June.
Here are some of the market's biggest gainers for Tuesday:
1. Mosaic | Percentage Increase Over 13%
2. Teladoc Health | Percentage Increase Over 5%
3. Nikola | Percentage Increase Over 6%
Nikola (NKLA) - Get Report was advancing as the electric-truck maker prepares to report earnings this week. Nikola recently kicked off construction of a manufacturing plant in Arizona, where it plans to build its initial lineup of battery and hydrogen-powered trucks.