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S&P 500, Nasdaq hold at record levels after Trump remarks

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The S&P 500 and Nasdaq indexes rose to record highs on Tuesday as trade-sensitive technology stocks gained ahead of a much-awaited speech by ...

REUTERS: The S&P 500 and Nasdaq indexes remained at record levels on Tuesday spurred by gains in trade-sensitive technology stocks, after President Donald Trump reiterated that the United States was close to signing a"phase one" trade deal with China.

About three quarters of the S&P 500 companies that have reported results so far have topped analysts' profit expectations, according to Refinitiv data. At 1:17 p.m. ET the Dow Jones Industrial Average was up 36.82 points, or 0.13per cent, at 27,728.31, while the S&P 500 was up 10.32 points, or 0.33per cent, at 3,097.33. The Nasdaq Composite was up 39.94 points, or 0.47per cent, at 8,504.22.

 

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