Earnings power S&P 500 to record; Alphabet lags
The S&P 500 extended its record-setting run on Tuesday, led by well-received corporate reports from McDonald`s and Caterpillar and gains for bank shares, while the Nasdaq managed a record high despite losses for Google parent Alphabet.
The Dow Jones Industrial Average <.dji> rose 100.46 points, or 0.47 percent, to 21,613.63, the S&P 500 <.spx> gained 7.22 points, or 0.29 percent, to 2,477.13 and the Nasdaq Composite <.ixic> added 1.37 points, or 0.02 percent, to 6,412.17.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.