Stocks traded mostly higher during Tuesday's session as investors still anticipated coming stimulus to alleviate some of the economic stress brought by the coronavirus pandemic. Yet, the stimulus bill may take some time to pass in Congress, with lawmakers still split on the deals of the new relief bills. One of the main issues that both congressional Democrats and Republicans agree on is another round of $1,200 stimulus for qualified Americans. But the two sides are still in disagreement over issues like additional unemployment assistance and eviction aid.

Here's how the market settled on Tuesday:

S&P 500 Index (SPY  ): +0.36% to +12.00 points to 3,306.61

Dow Jones Industrial Average (DIA  ): +0.62% or +165.58 points to 26,829.98

Nasdaq Composite Index (QQQ  ): +0.35% or +38.37 points to 10,941.17

In Major Stock News, space company Virgin Galactic (SPCE  ) saw its shares drop on Tuesday after reporting another quarterly loss. Apple (AAPL  ) shares traded higher after reports that the company is interested in purchasing the social media platform TikTok, a move that could lead to a bidding war between the tech giant and Microsoft (MSFT  ). Video game company Take-Two Interactive (TTWO  )shares increased after the company reported its sales increasing 136% in the first quarter due to increased demand amid quarantine.

For Sector Performance, most industries climbed higher on Tuesday, with only Health Care -0.45% and Financials -0.44% lagging behind. The performance increases were as follows: Energy +2.46%, Real Estate +1.36%, Consumer Staples +1.36%, Materials +1.33%, Utilities +1.07%, Consumer Discretionary +0.82%, Communication Services +0.34%, Industrials +0.27% and Information Technology +0.22%.

For Commodities and Currency, oil prices continued to rise on Tuesday, reaching close to five-month highs on hopes for more federal stimulus. Brent Crude (BNO  ) gained 1.3% to settle at $44.72 per barrel, while West Texas Intermediate (USO  ) increased 1.68% to $41.70 per barrel. Gold (GLD  ) prices soared past $2,000 per ounce for the first time on record on Tuesday. Spot gold rose as much as $2,009.13, before settling up 1.4% to $2,004.35 per ounce. Futures also climbed to a record peak of $2,027.30, ultimately settling up 1.7% at $2,021.00 per ounce. Finally, the U.S. Dollar (UUP  ) pushed lower by 0.16% after being put under pressure by other currencies.

As the market moves into mid-week trading, investors will mostly focus on more news surrounding economic stimulus as well as quarterly earnings from companies like CVS Health (CVS  ) and Moderna (MRNA  ).