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Stocks close higher, S&P 500 gains cap off best January since 2019

Yahoo Finance's Seana Smith breaks down how stocks closed on Tuesday to wrap up January trading.

Video Transcript

[AUDIO LOGO]

[MUSIC PLAYING]

[BELL RINGING]

SEANA SMITH: All right, that wraps up the trading day and the month of January. We're looking at gains across the board, not only for the day, but also the month, taking look at the Dow up today 369 points, S&P up just about 1.5%, the NASDAQ the outperformer for the day, also the outperformer for the month of January, closing the month up just over 10%, the S&P up well over 5%, the best January that we've seen since 2019.