S&P 500 Retakes 2,400 Level Less Than a Week After The Stock Market Got Rocked

By Mark DeCambreMarketsMarketWatch Pulse

The S&P 500 on Tuesday has reclaimed its level prior to last week's broad unraveling of U.S. equity-index benchmarks on Wednesday. The S&P 500 index intraday move put it recently at 2,400.86, up 0.3%, compared with a close of 2,400.67 last Tuesday, highlighting relative resilience for the stock market that was roiled by negative headlines about the White House less than a week ago. The Dow Jones Industrial Average was trading up 0.2% at 20,941, while the Nasdaq Composite Index climbed 0.2% at 6,142. Tuesday's trade puts the broad-market S&P 500 just about two points shy of record close and five points short of an intraday all-time high. The Dow is still about 50 points from its pre-collapse level, while the Nasdaq is about 25 points short of Tuesday's close. The three benchmarks are shooting for their fourth straight session of gains--their longest win streaks since late February, according to FactSet data.

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