NEW YORK (AP) — The stock market reached another milestone Tuesday as the Dow Jones industrial average closed at a record high. A day earlier, the broader Standard & Poor's 500, a widely used benchmark for index funds, also reached a record-high close. Both indexes beat peaks set in May 2015.
The Dow Jones industrial average climbed 120.74 points, or 0.7 percent, to 18,347.67.
The Standard & Poor's 500 index added 14.98 points, or 0.7 percent, to 2,152.14.
The Nasdaq composite added 34.18 points, or 0.7 percent, to 5,022.82.
For the week:
The Dow is up 200.93 points, or 1.1 percent.
The S&P 500 is up 22.24 points, or 1 percent.
The Nasdaq is down 66.06 points, or 1.3 percent.
For the year:
The Dow is up 922.64 points, or 5.3 percent.
The S&P 500 is up 108.20 points, or 5.3 percent.
The Nasdaq is up 15.41 points, or 0.3 percent.