U.S. stocks clawed higher as investors awaited Congressional testimony on COVID-19 and President Trump told federal retirement funds to dump Chinese equities.

U.S. equity markets clawed higher Tuesday as investors waited for Congressional testimony from the nation’s coronavirus experts and President Trump ordered federal retirement funds to dump Chinese stocks from their portfolios. The Dow Jones Industrial Average gained 114 points, or 0.47 percent, while the S&P 500 and the Nasdaq Composite rose 0.41 percent and 0.43 percent, respectively.

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