Stocks Hit Records Across the Board Despite Weak Jobs Data

Stocks Hit Records Across the Board Despite Weak Jobs Data


The big three indexes all hit closing highs on the same day for the first time this year on Tuesday after Wall Street looked past the latest sign the labor market has been weaker than previously thought.

The Dow Jones Industrial Average rose 197 points, or 0.4%. The S&P 500 was up 0.3%. The Nasdaq Composite was up 0.4%.

The Dow, with a big boost from UnitedHealth and Goldman Sachs this afternoon, marked its third record close of the year, while the S&P and Nasdaq each hit their 22nd closing highs this year.


www.barrons.com
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