• / Free eNewsletters & Magazine
  • / My Account
Home>MARKET SNAPSHOT: Dow Gains Momentum; S&P 500 Aims For 6-day Win Streak

MARKET SNAPSHOT: Dow Gains Momentum; S&P 500 Aims For 6-day Win Streak

MARKET SNAPSHOT: Dow Gains Momentum; S&P 500 Aims For 6-day Win Streak

10/04/2017

By Anneken Tappe and Ryan Vlastelica

Vehicle sales come in better than expected, help add to market optimism

U.S. stock benchmarks scrambled deeper into record territory on Tuesday, setting the S&P 500 on course for its sixth gain in a row, as investors took their cues from upbeat data, including a report on vehicle sales.

What stock benchmarks are doing

The Dow Jones Industrial Average rose 84 points, or 0.4%, to 22,640. The S&P 500 rose 4 points to 2,533, an increase of 0.2%.

The Nasdaq Composite Index rose 10 points, or 0.2%, to 6,526.

The S&P has gained for five consecutive trading days, its longest winning streak since a six-session advance that ended Sept. 1. The Dow has moved higher in four straight sessions, while the tech-heavy Nasdaq has risen for five sessions in a row.

The Russell 2000 , meanwhile, fell around 3 points, or 0.2%, to 1,506. The index of small companies hit an all-time high in early trading, but soon turned lower and is on track to snap a seven-session rally.

©2017 Morningstar Advisor. All right reserved.