Major U.S. stock-indexes rose on Tuesday, with the Nasdaq hitting a record intraday high, led by technology companies and robust housing market data. With the U.S. earnings season winding down, investors are also weighing up the prospect of an interest rate hike in the coming months. Federal Reserve Chair Janet Yellen's speech on Friday at Jackson Hole will be scrutinized for clues on the timing of a rate hike, especially after some Fed policymakers have in recent days hinted at the possibility of a hike in the coming months.
Most of Dow stocks in positive area (23 of 30). Top gainer - American Express Company (AXP, +1.10%). Top loser - The Boeing Company (BA, -0.89%).
All S&P sectors in positive area. Top gainer - Basic Materials (+0.9%).
At the moment:
Dow 18551.00 +32.00 +0.17%
S&P 500 2188.75 +7.25 +0.33%
Nasdaq 100 4827.75 +16.00 +0.33%
Oil 47.97 +0.56 +1.18%
Gold 1342.70 -0.70 -0.05%
U.S. 10yr 1.55 +0.01