S&P 500 logs intraday record high early Tuesday as stock-market gauge aims for 4,800 in 2021

28232 sp 500 logs intraday record high early tuesday as stock market gauge aims for 4800 in 2021

Stock benchmarks trade mixed but were mostly edging higher Tuesday morning, with the S&P 500 on track for a record close—its 70th of 2021—as investors look toward 2022 with optimism, despite record COVID-19 cases, aided by the spread of the omicron variant. The S&P 500 index SPX, +0.16% was trading up less than 0.1% but that gain was enough to help it carve out an intraday record high at 4,797.77, while the Dow Jones Industrial Average DJIA, +0.45% was climbing 0.4% at 36,432. The Nasdaq Composite Index COMP, -0.01% was trading 0.2% lower at 15,850. In a light week for economic data, the S&P CoreLogic Case-Shiller 20-city price index posted a 18.4% year-over-year gain in October, down from 19.1% the previous month.

Source: Marketwatch

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