The Dow and the S&P 500 closed at record highs on Tuesday as manufacturing activity picked up in the United States and Asia and increased optimism about the global economy’s health.
The Dow Jones industrial average rose 129.47 points or 0.77 percent, to end at 16,956.07. The S&P 500 gained 13.09 points or 0.67 percent, to 1,973.32. The Nasdaq Composite shot up 50.47 points or 1.14 percent, to 4,458.65.
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