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Wall Street closes higher as strong earnings cheer investors

Updated : August 07, 2018 06:55 AM IST

The S&P edged closer to a record hit on Jan. 26, closing within a percentage point of the all-time high for the first time since the current correction began.
The Dow Jones Industrial Average rose 39.6 points, or 0.16 percent, to 25,502.18, the S&P 500 gained 10.05 points, or 0.35 percent, to 2,850.4 and the Nasdaq Composite added 47.66 points, or 0.61 percent, to 7,859.68.
Nine of the S&P's 11 major industry sectors advanced, with the technology index, which rose 0.6 percent and the financial sector, which gained 0.4 percent, providing the biggest boosts to the benchmark.
Wall Street closes higher as strong earnings cheer investors

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