How the major US stock indices performed on Tuesday, May 21, 2024

U.S. stock indexes drifted higher, setting new records after another quiet trading day.

The S&The P500 rose 0.3% on Tuesday to surpass last week's record high. The Nasdaq composite gained 0.2%, a day after setting its last all-time high. The Dow Jones Industrial Average rose 0.2% and is just below last week's record.

Macy's jumped after joining the long list of companies that reported better last-quarter earnings than analysts expected. Government bond yields fell slightly in the stock market, and stock prices fell in much of Europe and Asia.

On Tuesday:

The S&The P500 rose 13.28 points, or 0.3%, to 5,321.41.

The Dow Jones Industrial Average rose 66.22 points, or 0.2%, to 39,872.99.

The Nasdaq index rose 37.75 points (0.2%) to 16,832.62.

The Russell 2000 index of smaller companies fell 4.14 points, or 0.2%, to 2,098.36.

For the week:

The S&The P 500 is up 18.14 points or 0.3%.

The Dow Jones is 130.60 points or 0.3% lower.

The Nasdaq is up 146.66 points or 0.9%.

The Russell 2000 is up 2.64 points, or 0.1%.

For the year:

The S&P500 is up 551.58 points or 11.6%.

The Dow Jones has risen 2,183.45 points, or 5.8%.

The Nasdaq is up 1,821.27 points or 12.1%.

The Russell 2000 is up 71.28 points, or 3.5%.

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