US stocks rallied on Tuesday as investors digested upbeat economic data and the latest developments in Russia after the Wagner Group’s weekend mutiny.
Supported by transportation spending, durable goods orders for May came in stronger than expected, easing concerns about a recession.
Meanwhile, the S&P CoreLogic Case-Shiller report showed that home prices rose 0.5% in April.
In Russia, the Kremlin said the Wagner mercenary group is prepared to hand over its heavy weapons.