Dow, S&P 500 and Nasdaq rise tepidly to start Tuesday action as investors await Senate vote on infrastructure

U.S. stocks edged higher Tuesday morning, as investors watched the global spread of the delta variant of the coronavirus that causes COVID-19 and searched for fresh catalysts to keep pushing equities higher. Investors were also awaiting the passage of a infrastructure package by the Senate later in the session. Energy prices , meanwhile, were rebounding from a sharp rout. The Dow Jones Industrial Average rose 0.1% at 35,129, the S&P 500 index advanced 0.1% at 4,436, and the Nasdaq Composite Index climbed 0.2% at 14,888. Meanwhile, the Senate was set to pass a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, advancing a central piece of President Biden's economic agenda. In corporate news, shares of AMC Entertainment Holdings climbed after the movie-theater chain reported a narrower quarterly loss late Monday, and a deal with AT&T's Warner Bros. over showing its movies in theaters before streaming. In COVID news, the highly transmissible delta variant of the coronavirus-borne illness COVID-19 has driven the daily average of new cases in the U.S. above 100,000 for the first time since February and created a crisis in Austin, Texas, where hospitals are running out of intensive care unit beds. The U.S. seven-day average of new cases stood at 110,360 on Sunday, according to a New York Times tracker, up 112% from two weeks ago. Hospitalizations have climbed 90% and deaths are up 92% in the period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Dow, S&P 500 and Nasdaq rise tepidly to start Tuesday action as investors await Senate vote on infrastructure
U.S. stocks edged higher Tuesday morning, as investors watched the global spread of the delta variant of the coronavirus that causes COVID-19 and searched for fresh catalysts to keep pushing equities higher. Investors were also awaiting the passage of a infrastructure package by the Senate later in the session. Energy prices , meanwhile, were rebounding from a sharp rout. The Dow Jones Industrial Average rose 0.1% at 35,129, the S&P 500 index advanced 0.1% at 4,436, and the Nasdaq Composite Index climbed 0.2% at 14,888. Meanwhile, the Senate was set to pass a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, advancing a central piece of President Biden's economic agenda. In corporate news, shares of AMC Entertainment Holdings climbed after the movie-theater chain reported a narrower quarterly loss late Monday, and a deal with AT&T's Warner Bros. over showing its movies in theaters before streaming. In COVID news, the highly transmissible delta variant of the coronavirus-borne illness COVID-19 has driven the daily average of new cases in the U.S. above 100,000 for the first time since February and created a crisis in Austin, Texas, where hospitals are running out of intensive care unit beds. The U.S. seven-day average of new cases stood at 110,360 on Sunday, according to a New York Times tracker, up 112% from two weeks ago. Hospitalizations have climbed 90% and deaths are up 92% in the period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.