Indices closed with gains on Tuesday, July 2, 2019. The S&P 500 traded up to an all-time high for the second session in a row. Brands slipped earlier following an announcement that the U.S. may expand tariffs on European goods. On another note, crude oil futures dipped amid news that OPEC agreed to extend oil supply cuts until March 2020. For the session, West Texas Intermediate crude shed 4.7% to settle at $56.33 per barrel.