NEW YORK -- U.S. blue-chips rose Tuesday, driving the Dow industrials to close at a record as signs of stabilizing inflation raised the prospect of lower interest rates, boosting the outlook for business investment.
The Dow Jones industrial average was up 37.63 points, or 0.28 percent, at 13,384.41. The Standard & Poor's 500 Index was down 1.88 points, or 0.13 percent, at 1,501.27. The Nasdaq Composite Index was down 21.15 points, or 0.83 percent, at 2,525.29.
© Reuters 2007. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters.
Editor's note:
Big Gains as Stocks Go Up ... Or Down! -- Find Out How
The Nine Best Energy and Precious Metals Stocks
Try Intelligent Options for $99. Our lowest price ever.
