(CNBC) — U.S. stocks closed mostly higher Tuesday, as gains in oil prices and energy stocks helped offset an earlier decline following news of a downed Russian jet near the Syrian border.
"People are cautious but they aren't turning into any panic mode just now," said Peter Cardillo, chief market economist at First Standard Financial.
The Dow Jones industrial average closed about 20 points higher, with Exxon Mobil and Chevron contributing the most to gains. Earlier, the index fell more than 100 points in mid-morning trade as Goldman Sachs and Walt Disney weighed.
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