Dow, S&P 500 hit record closes as investors digest trade news
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 6, 2019. REUTERS/Brendan McDermid
NEW YORK (Reuters) – The Dow and S&P 500 notched record closing highs on Thursday as the latest signs of progress in U.S.-China trade relations relieved investors, but a report raising fresh worries about the outlook for a deal limited the day’s gains.
Based on the latest available data, the Dow Jones Industrial Average .DJI rose 182.44 points, or 0.66%, to 27,675, the S&P 500 .SPX gained 8.42 points, or 0.27%, to 3,085.2 and the Nasdaq Composite .IXIC added 23.89 points, or 0.28%, to 8,434.52.
Reporting by Caroline Valetkevitch; Editing by Chris Reese