US stocks rise as S&P reaches record high

US stocks rise as S&P reaches record high

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 17, 2018. REUTERS/Brendan McDermid
NEW YORK: The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on encouraging earnings reports in the consumer sector and relative calm in the ongoing trade war between the United States and China.The Dow Jones Industrial Average rose 62.65 points, or 0.24 percent, to 25,821.34, the S&P 500 gained 5.78 points, or 0.20 percent, to 2,862.83 and the Nasdaq Composite added 38.17 points, or 0.49 percent, to 7,859.17.
(Reporting by Stephen Culp; Editing by Phil Berlowitz)
Source: Reuters
 Source : https://www.channelnewsasia.com/news/business/us-stocks-rise-as-s-p-reaches-record-high-10638534