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US Stocks Hit More Record Highs

For the second consecutive day
By Newser Editors and Wire Services
Posted Nov 26, 2019 3:16 PM CST
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In this Nov. 20, 2019, file photo specialist Anthony Rinaldi, left, and trader Michael Urkonis work on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Technology companies and retailers led stocks modestly higher on Wall Street, adding to the market’s solid start to the week, the AP reports. The latest gains were enough to leave major indexes at record highs Tuesday for the second day in a row. Investors were encouraged by more signs that the US and China are making progress toward ending their costly trade war. Dick's Sporting Goods jumped 18.6% after releasing earnings that soared past analysts' forecasts. Best Buy climbed 9.9% after releasing strong results of its own. The S&P 500 rose 6 points, or 0.2%, to 3,140. The Dow Jones Industrial Average added 55 points, or 0.2%, to 28,121. The Nasdaq rose 15 points, or 0.2%, to 8,647. (Read more stock market stories.)

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