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Post by bot on Jul 12, 2016 15:40:42 GMT -5
S&P 500, Dow close at fresh records
The Dow Jones Industrial Average finished at a record on Tuesday, joining the S&P 500 index at an all-time closing high as a rally in oil prices and stronger-than-expected earnings from Alcoa Inc. vaulted stocks to new heights. The record for the the blue-chip benchmark comes a day after the S&P 500 index set an all-time closing high. The Dow added 120.74 points, or 0.7%, to 18,347.67, ending at a record for the first time in nearly 14 months. The blue-chip index set an intraday high at 18,371.95. The S&P 500 climbed 14.98 points, or 0.7%, to 2,152.14, a few points off its all-time intraday high of 2,155.49. The Nasdaq Composite advanced 34.18 points, or 0.7% to 5,022.82, erasing its losses in 2016.
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