The S&P 500 Index ($SPX) (SPY) Tuesday closed up by +0.25%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.47%.
Stocks on Tuesday settled higher, with the S&P 500 and Dow Jones Industrials posting new all-time highs and the Nasdaq 100 posting a 2-1/4 month high. Global stocks rallied Tuesday on carryover support from a +4% surge in Chinese stocks after China announced additional stimulus measures to boost its economy, a supportive factor for global growth prospects. Also, a +3% jump in Nvidia led chip stocks higher and supported gains in the broader market.
