Wall St extends rally, lifted by Apple and Home Depot
Published on Aug 20, 2014 5:10 AM
NEW YORK (REUTERS) - US stocks ended higher for the second straight session on Tuesday, as robust housing data and strong earnings from Dow component Home Depot overshadowed lingering concerns about the conflict in Ukraine.
With the day's gains, the S&P 500 ended within 10 points of its all-time intraday high of 1,991.39 reached on July 24.
The Nasdaq Composite extended Monday's gains and ended on Tuesday at yet another 14-year high.
Apple was among the most heavily traded names of the day after the stock hit US$100 for the first time since its seven-for-one split in June.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!