Wall St extends record-setting climb on upbeat economic data


The Dow Jones Industrial Average rose 31.27 points, or 0.11%, to 28,267.16, the S&P 500 gained 1.07 points, or 0.03%, to 3,192.52 and the Nasdaq Composite added 9.13 points, or 0.1%, to 8,823.36. The S&P 500 financial index, which tends to be economically sensitive, rose 0.5% to a record high on the upbeat data

NEW YORK: Wall Street's major indexes inched higher on Tuesday, extending their record-setting rally, as strong housing and manufacturing data bolstered investors' confidence in the U.S. economy.

The benchmark S&P 500 <.SPX> hit a record high for a fourth straight session, building on its 27% gain this year, which has been driven by progress toward a U.S.-China trade agreement, a dovish Federal Reserve and upbeat economic indicators.

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