U.S. stocks end higher, supported by industrial names
U.S. stocks closed higher on Tuesday, with major indexes recovering from early losses that came after North Korea launched a missile over Japanese airspace, the latest instance of geopolitical tension with the country. The Dow Jones Industrial Average rose 57 points, or 0.3%, to 21,865. The S&P 500 rose 2 points, or 0.1%, to 2,446. The Nasdaq Composite Index ended up 19 points to 6,302, a rise of 0.3%. The move higher was powered by industrial names , which rose 0.7% as the largest percentage gainer of the day. Boeing Co ended 1.4% higher while United Technologies Corp. ended up 2.9%. Boeing has been one of the strongest performers of the year, up more than 50% in 2017. Among other active companies, J.Jill Inc. sank nearly 16% after its results, while Best Buy Co. Inc. ended down 12%.