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Stocks hit record highs after Wal-Mart announces $20 billion buyback

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October 10, 2017

U.S. stocks rose to record highs on Tuesday as Wall Street sifted through a slew of corporate news.

The Dow Jones industrial average hit a record high shortly after the open, rising 64 points. Wal-Mart contributed the most to the gains.

The Nasdaq composite also reached an all-time high, advancing 0.4 percent.

The S&P 500 gained 0.3 percent, with consumer staples rising 0.8 percent to lead advancers. The index also notched a record intraday high.

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This article was posted: Tuesday, October 10, 2017 at 8:58 am

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