NEW YORK (TheStreet) --The Dow Jones Industrial Average, S&P 500, and Nasdaq all closed in the green on Tuesday, however the Russell 2000 closed in the red for the second consecutive trading session.
"I think the key thing were those economic numbers; the consumer confidence numbers were really high, the consumption numbers and the GDP were very good. I think that is why we held up throughout the day," CNBC's Bob Pisani said on this afternoon's "Closing Bell."
Additionally, oil settled lower 3.9% to $45.23 per barrel, as uncertainty looms around the OPEC meeting tomorrow in Vienna to decide whether to cut production.
Furthermore, the U.S. dollar is having its best month against the Chinese yuan since 2009, and that continued Tuesday.
"You can see why the Chinese are concerned, and looking into the possibility of even further capital control," Pisani said.