MARKET SNAPSHOT: Dow Gains Steam In Afternoon Trade; S&P 500 Aims For 6-day Win Streak
By Anneken Tappe and Ryan Vlastelica
Vehicle sales come in better than expected, help add to market optimism
U.S. stock benchmarks clambered deeper into record territory 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 85 points, or 0.4%, to 22,643. The S&P 500 rose 5 points to 2,534, an increase of 0.2%.
The Nasdaq Composite Index rose 13 points, or 0.2%, to 6,529.
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 advanced in four straight sessions, while the tech-heavy Nasdaq has risen for five sessions in a row.
The Russell 2000 , meanwhile, was trading little changed at 1,509, after hitting an all-time high in early trading. The small-cap index has moved in fits and starts in recent trade but has trounced its larger-benchmark peers over the past 30 days, up nearly 7%, compared with a 3% rise for the Dow and a 2.3% gain for the S&P in that same period.