S&P, Nasdaq eke out new records

FAN Editor

Stocks inched mostly higher Tuesday, leading the S&P 500 and Nasdaq to clinch new record highs.

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The Dow Jones Industrial Average fell about 4 points, slipping to 26,210. The S&P 500 rose 6 points to 2,839. The Nasdaq Composite was up 52 points at 7,460.

Earnings optimism has lifted Wall Street in recent sessions, and with a three-day government shutdown in the rear-view mirror, stocks have resumed their record run this week. Netflix (NFLX) was one of the top movers Tuesday, jumping more than 10% after reporting stronger quarterly sales than expected. Verizon Communications (VZ) also beat analysts’ estimates and forecasted an earnings boost in future quarters due to the federal tax reform bill.

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