Closing Bell: Elon Musk's SolarCity Plummets; U.S. Stocks Rally

Crude did a 180 from Monday's selloff to recapture a level above $44 a barrel. The rally on oil markets brought equities along with it. The S&P 500 and Nasdaq climbed for their third straight session. Elon Musk's SolarCity (SCTY) plummeted after issuing downbeat guidance for the current quarter. A dour outlook prompted a number of analysts to grow bearish on the solar company. Analysts at Credit Suisse and Avondale lowered their price targets. Monsanto (MON) has cut its forecast for 2016 U.S. plantings of its newly launched soybeans. The agricultural company said it has not yet received approval for the new genetically-modified strain from the European Union. TheStreet's Keris Lahiff reports from Wall Street.