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Home>Dow, S&P 500 hit fresh intraday records as stock market extends climb to fresh peaks

Dow, S&P 500 hit fresh intraday records as stock market extends climb to fresh peaks

Dow, S&P 500 hit fresh intraday records as stock market extends climb to fresh peaks

10/03/2017

U.S. stocks on Tuesday opened slightly higher as equity benchmarks extended a multisession rise powered by hope of a more favorable tax regime and an upbeat outlook for coming corporate results. The Dow Jones Industrial Average opened up 32 points, or 0.1%, at 22,591, the S&P 500 index climbed 2 points, or 0.1%, at 2,531, while the Nasdaq Composite Index gained 9 points, or 0.1%, at 6,525. The S&P 500 and the Dow hit opening intraday records early in the session, with the Nasdaq not far behind. All three major stock gauges finished at all-time highs on Monday, as well as the small-cap oriented Russell 2000 Index , shaking off the grimness of a Sunday massacre in Las Vegas that left 59 people dead and scores more injured. In corporate news, shares of gun makers were still in focus, after Sunday's mass shooting, with Smith & Wesson-parent American Outdoor Brands Corp. (AOBC) trading higher after strong gains on Monday. Meanwhile, shares of home builder Lennar Corp. (LEN) were climbing after better-than-expected corporate result (http://www.marketwatch.com/story/lennars-stock-set-for-rally-after-profit-and-sales-beat-expectations-2017-10-03)s.

-Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com

 

(END) Dow Jones Newswires

10-03-17 0936ET

Copyright (c) 2017 Dow Jones & Company, Inc.

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