It was another record day on Wall Street. The Dow gained 31 points, or 0.1%, to close at a new record high. The S&P 500 fell 0.1% and the Nasdaq gained 0.02%.
rose slightly to a fresh record on Tuesday, lifted by strong economic data and new developments between the U.S. and China on trade.
Strong earnings, more promising economic data and trade progress drove the Dow to an all-time high on Monday, following the S&P 500 and Nasdaq's new records reached last week. "It's encouraging but we are eyeing it skeptically," said Mike Loewengart, vice president of investment strategy at ETrade Financial. "We would caution investors to not pin all their hopes for a phase one deal coming into fruition in the weeks ahead."
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