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Posted by bears123 on October 6th, 2018

NEW YORK Louis Domingue Jersey , Aug. 26 (Xinhua) -- U.S. stocks drifted higher midday Tuesday, propelling the S&P 500 and the Dow Jones Industrial Average to new record highs amid generally positive economic data.

At midday, the Dow Jones Industrial Average jumped 52.24 points, or 0.31 percent, to 17,129.11. The S&P 500 gained 4.34 points Jake Dotchin Jersey , or 0.22 percent, to 2,002.26. The Nasdaq Composite Index added 11.52 points, or 0.25 percent, to 4,568.87.

The broader S&P 500 hit 2 Braydon Coburn Jersey ,005.04 points in the morning session, another all-time intraday high above 2,000 points after it crossed above the psychologically important level for the first time in intraday trading Monday.

The blue-chip Dow also rose to a record high of 17,153.80 points, eclipsing its previous intraday record of set on July 17.

On the economic front, new orders for manufactured durable goods in July skyrocketed 22.6 percent Yanni Gourde Jersey , boosted by a 318-percent surge in orders for commercial aircraft, said the U.S. Commerce Department Tuesday. The increase was the biggest since 1992 and far exceeded analysts' expectations.