Industrial Stocks Lead US Indexes Higher

Trading relatively calm on Election Day
By Newser Editors and Wire Services
Posted Nov 6, 2018 3:21 PM CST
Industrial Stocks Lead US Indexes Higher
In this Friday, Oct. 26, 2018, file photo trader Jeffrey Vazquez, center, works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – US stocks closed higher as industrial and technology companies recovered some of the big losses they took over the last month, the AP reports. Strong company earnings also contributed to the gains Tuesday. CVS Health jumped 5.7% and Booking Holdings, the parent company of Priceline.com, rose 4.2%. Trading was relatively calm as investors waited for results from the midterm elections in the US. Energy companies traded lower as the price of oil continue to fall, extending four weeks of losses. The S&P 500 index rose 17 points, or 0.6%, to 2,755. The Dow Jones Industrial Average climbed 173 points, or 0.7%, to 25,635. The Nasdaq composite rose 47 points, or 0.6%, to 7,375. (Read more stock market stories.)

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