Stock Markets Climb as Oil Prices Surge and Gold Dips

Global stock markets witnessed substantial growth on Tuesday, driven primarily by a surge in oil prices. The Dow Jones Industrial Average surged 2.66%, the Nasdaq Composite rose 2.71%, and the S&P 500 climbed 2.51%. European markets also demonstrated positive momentum, with Germany’s DAX 30 index gaining 0.41%. In the commodity sector, international oil prices increased by almost 2%, while gold spot prices experienced a decline, briefly falling to $3,500 per ounce during trading.