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International Business Times
International Business Times
Business
IBT Staff Reporter

Nasdaq Composite, S&P 500 Reach Record Highs

The Nasdaq Composite and the S&P 500 reached record highs following a Tuesday session of mixed earnings.

The Nasdaq Composite Index closed at 16,832.62, up 0.2 percent for the day and a record for the second straight session. The S&P 500 also posted a new high, which stood at 5,321.41. The Dow Jones Industrial Average also advanced 0.2 percent to 39,872.99.

"There really isn't much economic news to speak of," said Cresset Capital's Jack Ablin, who pointed to Wednesday's earnings report from Nvidia as one of the highlights of the week. Nvidia was up 0.6 percent.

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