Indices in this article
NEW YORK (dpa-AFX) – Driven by the good reporting season, the latest record hunt on Wall Street continued on Tuesday. The leading index Dow Jones Industrial (Dow Jones 30 Industrial) and also the S&P 500 achieved new records: The Dow rose in early trading by 0.20 percent to 35,812.50 points and the market-wide index colleague gained 0.45 percent to 4587.22 points .
The corporate reporting season is now in full swing and has so far delivered more good news than bad, noted a stockbroker. As a result, the inflation and growth worries that had dominated recently faded into the background. According to the Bloomberg news agency, more than 80 percent of the companies reporting so far from the S&P 500 index have presented better results than expected.
Investors are following the development of the high-growth technology stocks with particular attention these days. A rise in the NASDAQ 100 by 0.88 percent to 15,650.23 points suggests that the industry-heavy selection index is in catch-up mode, as it was the day before. For him, a record is still a long way off before further quarterly figures from large US tech companies ./tih/he
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