The stock market eked out another all-time high on Tuesday, but the gains were slight as investors waited for more news on the economy. As the reporting period for the third quarter winds down, companies have again managed to post strong earnings, allaying investors’ concern that slowing growth elsewhere in the world would crimp profits.
The Dow Jones industrial average gained 1.16 points, or 0.01 per cent, to 17,614.90.
The Standard & Poor’s 500 index rose 1.42 points, or 0.1 per cent, to close at 2,039.68.
The Nasdaq composite climbed 8.94 points, or 0.2 per cent, to 4,660.56.
For the week:
The Dow is up 40.97 points, or 0.2 per cent.
The S&P 500 index is up 7.76 points, or 0.4 per cent.
The Nasdaq is up 28.02 points, or 0.6 per cent
For the year:
The Dow is up 1,038.24 points, or 6.3 per cent.
The S&P 500 index is up 191.32 points, or 10.4 per cent.
The Nasdaq is up 483.97 points, or 11.6 per cent.