U.S. markets closed mostly higher on Tuesday, supported by growing optimism over a potential settlement between the United States and Iran. Sentiments remained upbeat as the Commerce Department released a report showing that new orders for U.S. manufactured goods surged more than expected in September. The report showed that factory orders jumped by 1.8 percent in September, following an upwardly revised increase of 0.3 percent in August. Street had expected factory orders to rise by 1.2 percent. Additionally, traders drew support from a Labor Department report showing a bigger-than-expected increase in U.S. job openings in September. The Labor Department said Job openings climbed to 7.523 million in September, up from an upwardly revised 7.190 million in August.
Nasdaq jumped by 207.65 points or 0.83 percent to 25,372.01 and S&P 500 increased by 27.52 points or 0.36 percent to 7,568.92, while Dow Jones Industrial Average decreased by 197.26 points or 0.38 percent to 51,786.72.
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