Dow Ends Day Up 72

Nasdaq, S&P 500 also close higher
By Newser Editors and Wire Services
Posted Nov 8, 2016 3:16 PM CST
Specialist Frank Masiello, left, works at his post on the floor of the New York Stock Exchange, Monday, Nov. 7, 2016.   (AP Photo/Richard Drew)

(Newser) – Stocks are ending broadly higher on Wall Street, building on big gains a day earlier, as investors keep a close eye on the US presidential election, the AP reports. Safe-play sectors like utilities and phone companies rose more than the rest of the market Tuesday. PG&E rose 1.5% and Frontier Communications rose 1%. Hertz plunged 22.5% after its earnings came up far short of what analysts were looking for. The Dow Jones industrial average rose 72 points, or 0.4%, to 18,332. The Standard & Poor's 500 index climbed 8 points, or 0.4%, to 2,139. The Nasdaq composite increased 27 points, or 0.5%, to 5,193. (Read more stock market stories.)

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