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Stocks Grind Out Another Blue-Chip Day

U.S. stocks rose, buoyed by gains in commodity-linked shares.

The Dow industrials have climbed for five of the past six trading days and risen 15% from a 52-week low hit on Feb. 11. The rally has been spurred by confidence in continued growth in the U.S. economy, a recovery in oil prices and the likelihood that U.S. interest rates will remain low.

Energy and materials shares advanced the most in the S&P 500 on Tuesday, as U.S. crude oil climbed $1.30, or 3.3%, to $41.08 a barrel. Analysts said prices got a boost from supply outages, including a strike by oil workers in Kuwait, which are expected to reduce production.

The Dow Jones Industrial Average climbed 49.44 points, or 0.3%, to 18053.60, a day after closing above 18000 for the first time since July. The S&P 500 rose 6.46 points, or 0.3%, to 2100.80, hitting 2100 for the first time this year.

Better-than-feared results from banks have helped boost indexes in recent...