NEW YORK (AP) - Stocks are moving higher for a third day running, putting the Standard & Poor's 500 index back at a record high.
NEW YORK (AP) — Stocks are moving higher for a third day running, putting the Standard & Poor's 500 index back at a record high.
The S&P 500 rose seven points, or 0.4 percent, to 1,879 in the first few minutes of trading Tuesday, a point above its latest all-time high. Seven of the 10 industry sectors in the index rose.
The Dow Jones industrial average rose 56 points, or 0.3 percent, to 16,513. The Nasdaq composite rose 36 points, or 0.9 percent, to 4,235.
Traders will be watching for the release of the latest manufacturing data.
Economists forecast that the Institute for Supply Management's manufacturing gauge inched up to 54 in March from 53.2 in February.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.75 percent.