Nasdaq closes at new record for second straight day

US stocks closed higher on Tuesday, as the ongoing talks continued between the US politicians on the second stimulus package that is aimed at easing the coronavirus impact, while the tech stocks lifted  Nasdaq to post the second straight record closing.

US President Donald Trump has stated that his country will have an  effective coronavirus vaccine by the end of this year or early next year.

To the oil market, West Texas Intermediate crude rose 1.7% to close at $41.70 a barrel, after it hit a high of $42.08 and a low of $40.1.

Brent rose 0.6% to $44.43 a barrel, with a high of $44.8 and a low of $43.2.

As for stocks, Dow Jones rose 0.6% or 164 points to settle at 26,828, with a day high of 26,832 and a low of 26,597.

Nasdaq rose 0.3% or 38 points to 10,941, after it hit a high of 10,941 and a low of 10,852.

S&P 500 rose 0.3% or 12 points to close at 3,306, with a high of 3,306 and a low of 3,286.