The stock market delivers back-to-back profits as the GameStop chaos cools, and investors analyze Google and Amazon

U.S. equities ended sharply higher on Tuesday, with investors encouraged by news of the rate of vaccines in the U.S., the prospect of more fiscal aid from Congress and a decline in the frenzy of retail in stocks like GameStop Corp. GME,
-60.00%
and AMC Entertainment Holdings AMC,
-41.20%.
The Dow Jones Industrial Average DJIA,
+ 1.57%
the S&P 500 index SPX closed 1.6% at around 30,688,
+ 1.39%
rose 1.4% to 3,826, while the Nasdaq Composite Index COMP,
+ 1.56%
closed 1.6% higher and ended at 13,612. All closing levels are on a preliminary basis. Market participants consume quarterly results of mega-capitalization shares Amazon.com AMZN,
+ 1.11%
and Google’s parent Alphabet Inc. GOOG,
+ 1.38%
GOOGL,
+ 1.38%
after the close of Tuesday. Meanwhile, GameStop shares closed the day up 60%, down 72% so far this week following a stratospheric run in recent days.