Stocks moved higher Tuesday, as the technology sector held its ground a day after a sharp sell-off

The Dow Jones Industrial Average rose 116.36 points, or 0.47%, 24,727.27. The S&P 500 gained 4.02 points, or 0.15%, to 2,716.94. The Nasdaq Composite was up 20.06 points, or 0.27%, at 7,364.30.

The Dow’s advance was propelled by gains in Boeing (BAOpens a New Window.) and Caterpillar (CATOpens a New Window.) while the Nasdaq remained under some pressure even after Monday’s big retreat in tech stocks.

The major tech names were mixed Tuesday, with Facebook experiencing its second-straight session of losses. The social media giant took a big hit on Monday, closing with a 6.8% loss, following news that a firm tied to President Donald Trump's 2016 election campaign gathered data from millions of Facebook profiles without authorization. Facebook shares fell 2.6% on Tuesday.

Federal Reserve Chairman Jerome Powell’s first policy-setting meeting began Tuesday, but..read more at FOX Business