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S&P 500, Nasdaq Close at Record Highs

Dow also edges up
By Newser Editors and Wire Services
Posted Aug 28, 2018 3:11 PM CDT
Traders Patrick Casey, left, and Michael Milano work on the floor of the New York Stock Exchange, Tuesday, Aug. 28, 2018.   (AP Photo/Richard Drew)

(Newser) – Stocks indexes ended slightly higher after a day of wavering between small gains and losses, the AP reports. Technology stocks rose Tuesday, as did some retailers, but banks, energy companies and makers of consumer goods ended broadly lower. Chipmaker Qualcomm rose 3.6%, but ConocoPhillips fell 1.1%. Discount shoe store operator DSW soared 20% after reporting a strong quarter. The S&P 500 index edged up less than 1 point to 2,897. The Dow Jones Industrial Average rose 14 points to 26,064. The Nasdaq composite rose 12 points, or 0.2%, to 8,030. The S&P 500 and the Nasdaq closed at record highs. (Read more stock market stories.)

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