U.S. stock indexes are edging further into record territory as the market extends a three-week advance. Stocks are trading at record levels, having rebounded following a sharp slump at the beginning of October. Improving company earnings and signs that the U.S. economy remains solid, despite growth lagging overseas, are encouraging stock investors.
The Dow Jones industrial average gained 39.81 points, or 0.2 per cent, to 17,613.74.
The Standard & Poor’s 500 index rose 6.34 points, or 0.3 per cent, to end at 2,038.26.
The Nasdaq composite climbed 19.08 points, or 0.4 per cent, to 4,651.62.
For the year:
The Dow is up 1,037.08 points, or 6.3 per cent.
The S&P 500 index is up 189.90 points, or 10.3 per cent.
The Nasdaq is up 475.03 points, or 11.4 per cent.