Wall Street kicked off September with another set of milestones Tuesday, as an afternoon rally carried the S&P 500 and Nasdaq composite to all-time highs.
The S&P 500 bounced back from a modest loss in the early going to finish 0.8% higher a day after the benchmark index wrapped up its fifth monthly gain in a row. More strength in technology stocks and solid gains in retailers and other companies that rely on consumers offset declines in healthcare companies and elsewhere in the market. Treasury yields fell.
The S&P 500 gained 26.34 points to 3,526.65. The index set several new highs last month. The Dow Jones industrial average recovered from an early, 139-point skid, climbing 215.61 points, or 0.8%, to 28,645.66.
The Nasdaq composite rose 164.21 points, or 1.4%, to 11,939.67. The Russell 2000 index of smaller company stocks also bounced back from a sluggish start, adding 16.71 points, or