(CNBC) — U.S. stocks closed lower Tuesday, amid gains in oil prices, after renewed investor concerns about a Fed moving sooner rather than later.
"I think the prospects of a more active Fed has the market a bit on edge today, especially after the big gains yesterday," said Michael Baele, managing director, The Private Client Reserve, U.S. Bank.
"I think earnings basically validated the current valuations. The next thing that could help the market move forward is (if this) rebound in commodities has some staying power," he said.
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