(CBS) — Stocks closed higher Tuesday, shaking off earlier declines, as investors digested a sell-off in crude oil prices ahead of Wednesday’s Key OPEC meeting.
The S&P 500 finished up 3, the NASDAQ added 11, and the Dow Jones Industrial Average gained 23 points, settling to 19,121.
“Things are still in pretty good shape. This is a market that still hasn’t really wanted to go lower, any instance it’s had a chance, buyers have come in and I think you’re going to see that trend continue for the remainder of the year,” says Chuck Carlson, CEO of Horizon Investment Services.
He also noted that he finds value in the transportation, technology and regional banking sectors.