U.S. stocks edged further into record heights on Wall Street after shaking off a bumpy start to the day.
The S&P 500 rose 0.3 percent Tuesday. The Dow Jones Industrial Average edged up 0.2 percent, adding to its own record. The Nasdaq composite gained 0.6 percent. Treasury yields sank in the bond market following an update on U.S. consumer confidence that was surprisingly weak.
Prices for oil, copper and other commodities rallied following a slew of moves by China’s central bank to prop up the world’s second-largest economy. Chinese stocks closed sharply higher.
On Tuesday:
The S&P 500 rose 14.36 points, or 0.3 percent, to 5,732.93.
The Dow Jones Industrial Average rose 83.57 points, or 0.2 percent, to 42,208.22.
The Nasdaq composite rose 100.25 points, or 0.6 percent, to 18,074.52.
The Russell 2000 index of smaller companies rose 3.71 points, or 0.2 percent, to 2,223.99.
For the week:
The S&P 500 is up 30.38 points, or 0.5 percent.
The Dow is up 144.86 points, or 0.3 percent.
The Nasdaq is up 126.20 points, or 0.7 percent.
The Russell 2000 is down 3.89 points, or 0.2 percent.
For the year:
The S&P 500 is up 963.10 points, or 20.2 percent.
The Dow is up 4,518.68 points, or 12 percent.
The Nasdaq is up 3,063.17 points, or 20.4 percent.
The Russell 2000 is up 196.92 points, or 9.7 percent.
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