Tuesday 6 December 2016

Banks, telecoms lead Wall Street up; another Dow record

Wall Street
Wall Street Market Update


Banks, telecoms lead Wall Street up; another Dow record Wall Street climbed on Tuesday as telecom stalwarts AT&T and Verizon gained and bank shares added to their torrid post-election rally, helping the Dow set another record closing high.


The Dow Jones industrial average rose 35.54 points, or 0.18 percent, to 19,251.78, the S&P 500 gained 7.52 points, or 0.34 percent, to 2,212.23 and the Nasdaq Composite added 24.11 points, or 0.45 percent, to 5,333.

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