Wall Street continued to march higher on Tuesday, as bank stocks and Boeing (BA) helped push the Dow and S&P 500 to new records.
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The Dow Jones Industrial Average closed about 119 points higher at 24,505. The S&P 500 gained 4 points to 2,664. The Nasdaq Composite shed 12 points to 6,862.
In addition to financials, telecom stocks contributed to the market’s gains. The sector jumped roughly 2.8% during the session.
Investors are closely watching the Federal Reserve, which concludes its two-day policy meeting Wednesday. The central bank is expected to announce an increase in interest rates.
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