U.S. stocks drifted higher and pulled closer to their record as the wait continues for more updates on President Donald Trump’s tariffs and how much they’re affecting the economy.
The S&P 500 rose 0.6% Tuesday, coming off a modest gain that added to its stellar May. It is less than 3% away from its all-time high set earlier this year. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite rose 0.8%.
Treasury yields held relatively steady following an encouraging report on the U.S. job market, while stock indexes rose modestly across much of Europe and Asia.
On Tuesday:
The S&P 500 rose 34.43 points, or 0.6%, to 5,970.37.
The Dow Jones Industrial Average rose 214.16 points, or 0.5%, to 42,519.64.
The Nasdaq composite rose 156.34 points, or 0.8%, to 19,398.96.
The Russell 2000 index of smaller companies rose 32.82 points, or 1.6%, to 2,102.98.
For the week:
The S&P 500 is up 58.68 points, or 1%.
The Dow is up 249.57 points, or 0.6%.
The Nasdaq is up 285.19 points, or 1.5%.
The Russell 2000 is up 36.69 points, or 1.8%.
For the year:
The S&P 500 is up 88.74 points, or 1.5%.
The Dow is down 24.58 points, or 0.1%.
The Nasdaq is up 88.16 points, or 0.5%.
The Russell 2000 is down 127.18 points, or 5.7%.
