US index notch latest records; Relief over Japan
Source: AP-Excite
By ALEX VEIGA
Investors remained in a record-setting mood Tuesday, edging the Dow Jones industrial average and Standard & Poor's 500 index to their latest all-time highs.
Pharmaceutical and medical equipment companies led the broad pickup in stocks, extending gains for the S&P 500 and Dow. The Nasdaq notched its first gain this week.
A positive outlook from homebuilders and encouraging news from Japan and Germany also helped lift markets.
The rally builds on a market rebound in recent weeks powered by strong corporate earnings and easing concerns among investors about the spread of Ebola and economic growth overseas.
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Trader Jason Harper, center, works on the floor of the New York Stock Exchange, Tuesday, Nov. 18, 2014. U.S. stocks opened higher on Tuesday, a day after the Standard & Poor's 500 index set its second record-high close in two days. (AP Photo/Richard Drew)
Read more: http://apnews.excite.com/article/20141118/financial_markets-540faf6d93.html
