S&P, Dow hit new peaks on strong earnings

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The S&P 500 and the Dow touched new highs at the open on Wednesday, extending a record-setting rally, after Morgan Stanley (MS.N) and Microsoft (MSFT.O) reported strong quarterly results.

The Dow Jones Industrial Average .DJI was up 52.8 points, or 0.28 percent, at 18,611.81.

The S&P 500 .SPX was up 5.72 points, or 0.26 percent, at 2,169.5.

The Nasdaq Composite .IXIC added 24.25 points, or 0.48 percent, to 5,060.62.

(Reporting by Tanya Agrawal; Editing by Savio D’Souza)

 

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