The market's recent rally picked back up on Tuesday, with the Dow adding 754 points, while the Nasdaq and S&P 500 both added more than 2%. All three indexes logged their best days since June 24. Today's influx of upbeat earnings reports sent stocks soaring, while many are speculating as to whether or not the market bottom has already happened. Tech stocks, especially, saw a strong day of trading. Netflix (NFLX) added more than 5% ahead of this evening's earnings report, while Google parent Alphabet (GOOGL) enjoyed additional upside following Monday's 20-for-1 stock split.

The Dow Jones Average (DJI -31,827.05) gained 754.4 points or 2.4% for the day. Boeing (BA) led the gainers, adding 5.7%. IBM (IBM) paced the losers, shedding 5.3%.

The S&P 500 Index (SPX - 3,936.69) added 105.8 points, or 2.8% for the day. Meanwhile, the Nasdaq Composite (IXIC - 11,713.15) rose 353.1 points, or 3.1% for the session.

Lastly, the Cboe Market Volatility Index (VIX - 24.50) lost 0.8 points or 3.2% for the day. 

PRODUCTION CONCERNS SEND OIL HIGHER

Oil strung on another daily win as investors fretted over the Organization of the Petroleum Exporting Countries (OPEC) ineffective efforts to lift production. Discussions over more U.S. restrictions on fossil fuels also sent prices higher. August-dated crude added $1.62, or 1.6%, to finish at $104.22 per barrel for the day. 

More weakness in the U.S. dollar sent gold prices higher, and though a rise in Treasury yields did put some weight on the commodity, it managed to log another settlement atop the key $1,700 per ounce level. August-dated gold added 50 cents, or 0.1%, to close at $1,710.70 an ounce.

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