New York, May 5 (Petra) -- Major US stock indices climbed on Tuesday, while the price of West Texas Intermediate (WTI) crude oil dropped nearly $3 to settle at $102.90 per barrel.

The Dow Jones Industrial Average rose by 356 points to reach 49,298 points. Similarly, the tech-heavy Nasdaq Composite gained 258 points, closing at 25,326 points.

The S&P 500 also saw positive movement, rising approximately 58 points to reach 7,259 points.

//Petra// AF