U.S. Stocks Rise; Dow Closes At Record

MarketWatch Pulse

U.S. stocks closed higher on Tuesday as investors welcomed stronger-than-expected construction spending figures for October as well as robust car sales data. November car and light truck sales were second-highest in eight years, according to figures from Autodata. The S&P 500 and Dow Jones Industrial Average scored their best one-day percentage gains in about a month, while the blue-chip index recorded its 32nd record close this year. The S&P 500 gained 13.11 points, or 0.6%, to 2,066.55. The Dow Jones Industrial Average added 102.75 points, or 0.6%, to 17,879.55. The Nasdaq Composite ended the day up 28.46 points, or 0.6% at 4,755.81.

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