Major stock markets in the United States closed higher on Tuesday, as earnings season started in full swing. On the pandemic front, US President Joe Biden stated that cases are going down nationally, as he urged people to get vaccinated and get the booster shot when available. In politics, the reconciliation package seems to be getting traction with the White House pushing to end the negotiations and pass the bill. Federal Reserve officials also talked about inflation, noting that it may last as long as the pandemic. The Dow Jones ended the day 1.55% or 533 points in the green. The Nasdaq 100 was up by 1.88% at the closing bell. The S&P 500 finished 1.71% higher. Walgreens led all three indices, closing the day with an increase of 7.43%. The euro stood flat against the dollar trading for $1.15974 at 4:04 pm ET.