Business

Dow and Nasdaq close at new highs for second day straight

By Melissa Quinn
Published November 5, 2019 10:09pm ET
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Dow and Nasdaq close at new highs for second day straight
Trader Jeffrey Vazquez, center, works on the floor of the New York Stock Exchange, Monday, Nov. 4, 2019. Stocks are opening higher on Wall Street, pushing major indexes toward more record highs. | (Richard Drew/AP)

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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China Dow Jones Markets Stocks and Bonds Tariffs Trade Wall Street Wilbur Ross