Stocks closed higher on Wall Street, led by gains in health care and technology companies and giving the market its third straight gain. The Dow (^DJI) fell 0.38%, or 96.22 points, while the Nasdaq (^IXIC) rose 0.44%, or 32.97 points.
The S&P 500 and Nasdaq eked out gains at open on Monday as February's benign inflation data supported the Federal Reserve's "patient" approach towards further rate hikes, while a second day of losses in Boeing pressured the Dow. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the US Labor Department said on Tuesday. Conversely, the industrials and consumer staples sectors underperformed.
Authorities in Ethiopia, China and Indonesia have grounded all Boeing 737 Max 8 aircraft.
Aircraft giant Boeing's shares dropped almost 12 percent shortly after markets opened Monday, a day after an Ethiopian Airlines jet crashed, killing all 157 people on board.
Late Tuesday, Prime Minister May lost the vote on her revised Brexit deal, as expected, by a margin of 149 votes, despite securing last-minute concessions from the European Union over the Brexit divorce deal on Monday.
Britain's Despair and the Media Matters Campaign to Destroy Tucker Carlson
Carlson was going to buy the garage for $30,000 and then Fox was going to stock it with the necessary equipment. Tucker Carlson does not seem to be having his best week ever.
CURRENCY: The dollar gained to 111.26 yen from Monday's 111.21 yen. Hong Kong's Hang Seng fell 0.5 percent to 28,776.10, while the Shanghai Composite dipped 0.8 percent at 3,035.15. S&P 500 e-minis were down 0.25 points, or 0.01 percent and Nasdaq 100 e-minis were up 7.5 points, or 0.1 percent. In electronic trading after the settlement, gold futures touched highs above $1,302, edging slightly higher after the Brexit vote.
Their losses pushed the Dow Jones Airlines index 0.47 percent lower. Signs of a supply crunch lingered and traders assessed the latest monthly US government price and output forecasts and allowed recent comments from energy officials to hold.
The UK on Tuesday joined the slew of countries grounding flights involving the Boeing 737 Max 8, the UK Civil Aviation Authority issuing a statement saying that the move is a "precautionary measure" in the present absence of "sufficient information from the flight data recorder". Wholesale gasoline fell 1 cent to $1.82 a gallon, heating oil fell less than 1 cent to $1.99 a gallon and natural gas rose 1 cent to $2.78 per 1,000 cubic feet.
ENERGY: Benchmark U.S. crude rose 55 cents to $57.34 per barrel in electronic trading on the New York Mercantile Exchange.
The 2-yr yield declined three basis points to 2.44%, and the 10-yr yield declined four basis points to 2.61%.