(CNBC) — U.S. stocks posted modest gains on Tuesday as optimism about the economic reopening managed to offset lingering angst about inflation and price pressure.
The Dow added 90 points, or 0.25%, after gaining as many as 300 points after the opening bell in New York. The S&P 500 gained 0.1% as weakness in technology stocks offset gains made in energy, materials and financials. On Friday, the S&P 500 closed just 0.8% away from an all-time high.
The Nasdaq Composite, which had traded for much of the day in the red, was last seen up about 0.15%.
