Dow and Nasdaq close at new highs for second day straight

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The Dow Jones Industrial Average and Nasdaq closed at record highs for the second straight day Tuesday amid growing optimism about the trade negotiations between the United States and China.

The Dow ended up 30 points, or 0.11%, while the tech-heavy Nasdaq was up 1.48 points, or 0.02%. The S&P 500 dropped 0.1% Tuesday after also closing at a record high Monday.

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