The Tax Cuts Were Approved By &Nbsp; &Nbsp; The Dow Rose At A Low Level Of 0.03%.

The US stock market closed substantially on Tuesday.

As of 4:00 pm Eastern time,

On Tuesday, the United States deliberate on the continuation of the tax cuts, and the market generally expects the Irish parliament to pass a more stringent new budget.

European stock market sentiment was slightly boosted, and the European stock index hit a multi-year high and rose 0.93%.

The US Federal Reserve reported on Tuesday that total consumption credit in the US increased by 3 billion 400 million US dollars in October to 2 trillion and 400 billion US dollars after seasonally adjusted adjustment, which is equivalent to an increase of 1.7% in the adult rate. This is the largest increase in consumer credit since July 2008.

Economists had expected consumption credit to decrease in October.

Crude oil futures rebounded higher on Tuesday as the dollar rebounded from a low intraday low.

A government agency expects global crude oil supply to increase in 2011.

As investors broke through the gold price to make a profit after breaking through $1430 an ounce, gold prices fell on Tuesday, reversing the six consecutive trading day rally, and the main gold contract ended at $1409 an ounce.

According to the labor department's Tuesday data, the number of jobs in the United States increased from 3 million in September to 3 million 400 thousand in October.

The increase was 32% compared to the same period last year.

With two years of litigation deadline approaching, the Madoff case was prosecuted again by several investment banks including Legacy Capital and Paris bank securities company, France.

Crude oil futures surged on Tuesday as the demand for the cold weather surged and the US dollar continued to fall. For the first time in more than 26 months, the price of crude oil jumped above $90 a barrel.

As of 8:53 a.m. Eastern time, the New York Mercantile Exchange's main oil contract in January rose 1.33 dollars, or 90.71 U.S. dollars per barrel, or about 1.5%.

The current paction ranges from $88.80 a barrel to $90.76 a barrel.

In December 6th, President Obama announced a tentative compromise agreement with the Republicans in the Congress. The two sides agreed to extend the two-year tax reduction policy under the Bush administration and extend the duration of the unemployment insurance bill for 13 months.

But whether the agreement can be finally passed by Congress is still variable.

The European Union has ruled out raising the size of the bailout scale. European finance ministers say they will not implement emergency assistance to EU member states such as Portugal and Spain, and will not further increase the size of the relief fund on the basis of 750 billion euros ($1 trillion).

The EU hopes to ease the market's worries through the implementation of the European Central Bank's bond acquisition plan.