Stocks in the United States rose and hit all-time highs on Tuesday as investors built on four straight days of gains.
The Dow Jones Industrials amassed 84.69 points, on top of Monday’s all-time high to 28,320.58
The S&P 500 added 3.52 points to Monday’s record close to 3,194.97
The NASDAQ gained 2.67 points on top of Monday’s all-time high to 8,816.89
Netflix jumped more than 3% after the streaming giant disclosed strong membership growth numbers in key regions, including Asia-Pacific and Europe, the Middle East and Africa. Johnson & Johnson climbed around 1% after a Morgan Stanley analyst upgraded the stock, noting many of the company’s structural issues “have been addressed.” Shares of Apple climbed slightly, hitting a new 52-week high of $281.77.
The S&P 500 came into Tuesday’s session up 27.3% year to date, its biggest annual gain since 2013. The Dow acquired 21% and the NASDAQ was up 32.8%.
On the data front, U.S. housing starts rose more than expected in November as building permits surged to a 12½-year high.
Prices for the 10-Year U.S. Treasury were static, keeping yields at Monday’s 1.88%.
Oil prices added 45 cents to $60.66 U.S. a barrel.
Gold prices moved forward 40 cents at $1,480.90 U.S. an ounce.