The Nasdaq composite and Dow Jones Industrial Average went in opposite directions in the stock market Tuesday. Chip equipment, fiber-optic and data storage stocks soared again, lifting the Nasdaq to another day of outperformance and the S&P 500 to an all-time closing high. But the Dow Jones Industrial Average lagged all day and closed lower by 0.8%. The blue-chip index…
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S&P 500 Hits All-Time High, Eyes 7,000 Level, As Stock Market Awaits Earnings Avalanche
The Nasdaq composite and Dow Jones Industrial Average went in opposite directions in the stock market Tuesday. Chip equipment, fiber-optic and data storage stocks soared again, lifting the Nasdaq to another day of outperformance and the S&P 500 to an all-time closing high. But the Dow Jones Industrial Average lagged all day and closed lower by 0.8%. The blue-chip index…