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Tech, healthcare stocks lift Wall Street to record high

Apple's shares were up nearly 2%, boosting all three major indexes


Wall Street indexes hit record levels on Tuesday, with technology stocks rising for a second straight day and healthcare shares getting a boost from Medtronic's results. With the third-quarter earnings season winding down and no major economic data in sight, trading activity is expected to slow ahead of Thursday's Thanksgiving holiday. Also helping the market was a rise in oil prices ahead of next week's OPEC meeting where major crude exporters are expected to extend production cuts. "It is a return of momentum for the market, with some of positive ...

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First Published: Tue, November 21 2017. 23:37 IST