RTTNews - After initially showing a lack of direction, stocks have moved modestly higher over the course of early trading on Tuesday. The major averages have all moved into positive territory, with the Nasdaq showing a notable upward move.

Semiconductor stocks are turning in some of the best performances, with Advanced Micro Devices (AMD) helping to lead the way higher. While energy and housing stocks are also seeing early strength, weakness among airline and healthcare stocks is limiting the upside.

In the past few minutes, the major averages have pulled back off their highs for the young session, although they remain in positive territory. The Dow is currently up 15.27 at 8,544.65, the Nasdaq is up 9.68 at 1,853.74 and the S&P 500 is up 1.56 at 928.79.

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