US stock indices inched higher on Tuesday, building on gains made in Monday’s session to close at fresh record highs off the back of strong corporate earnings.
The S&P 500 index and the Dow Jones Industrial Average shot to record levels shortly after Wall Street opened. Both indices retraced some of those gains in New York hours, with the Dow roughly unchanged at the closing bell and the S&P marginally higher for the day, up 0.2 per cent.
The moves take the S&P’s year-to-date gains to 22 per cent, having also hit a record high on Monday.
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