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Wall Street Trades Higher as Debate, Strong Consumer Confidence Offsets Lower Oil

The Dow Jones Industrial Average was holding steady just below Tuesday's highs as the outcome of Monday's night's first presidential debate coupled with upbeat consumer confidence data cushioned Wall Street from a sharp sell-off in oil. The blue-chip index was up by more than 100 points with financial and consumer stocks leading the advancers. Of the 30 component stocks, only Disney ( DIS ) was in the red, largely a result of lingering rumors that the entertainment company is a possible suitor for Twitter ( TWTR ).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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