US stocks close at record highs on strong earnings
US stocks ended higher on Tuesday, Oct. 28, supported by upbeat corporate earnings and improved investor sentiment amid easing trade tensions. Besides, there are anticipations that the Federal Reserve would lower interest rates following its Wednesday meeting.The Dow Jones Industrial Average rose 0.34%, or 161 points, to 47,706, hitting a new record close. The broader S&P 500 gained 0.23%, or 15 points, to 6,890, also ending at a record high after surpassing 6,900 earlier in the session. The Nasdaq Comp ...