S&P 500 notches record-high close


The S&P 500 climbed 0.06% to end the session at 6,309.62 points. The Nasdaq declined 0.39% to 20,892.69 points, while the Dow rose 0.40% to 44,502.44 points.

NEW YORK: The S&P 500 eked out a record-high close on Tuesday, following steep losses in General Motors and a gain in Tesla as investors focused on recent and upcoming quarterly reports and watched for signs of progress in US trade discussions.

GM tumbled 8.1% after the automaker reported a US$1 billion hit from tariffs to its quarterly results, adding more fuel to investor concerns about US President Donald Trump's global trade policy. Shares of Ford Motor fell about 1%. Tesla climbed 1.1% a day before its quarterly report, while Alphabet, also reporting on Wednesday, rose 0.65%.

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