Investor Alert

June 29, 2021, 9:33 a.m. EDT

Dow climbs as S&P 500 and Nasdaq carve out fresh intraday all-time highs to kick off Tuesday trade

U.S. stocks opened higher Tuesday morning, with equity indexes trading at or near records, and the S&P 500 aiming for its 33rd record closing high of the year as investors awaited data on consumer confidence levels. The move comes after the S&P 500 booked its 32nd all-time closing high of 2021, led by gains in the technology sector. The S&P 500 index (S&P:SPX) was rising 0.2% and established an intraday record high at 4,298.22, the Dow Jones Industrial Average (DOW:DJIA) climbed 0.5% to around 34,455, while the Nasdaq Composite Index (NASDAQ:COMP) was trading less than 0.1% lower at 14,483 after notching an all-time intraday high at 14,509.78. In corporate news, United Airlines Holdings Inc. (NAS:UAL) said Tuesday that it is purchasing 270 new Boeing (NYS:BA) and Airbus (NYS:AIR) (OTC:EADSY) aircraft to its fleet, in its biggest-ever order and the largest by an individual carrier in the last decade, making a strong bet on a recovery in travel.

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