S&P, Nasdaq hit new highs on trade optimism; tech climbs

S&P, Nasdaq hit new highs on trade optimism; tech climbs

NEW YORK (Reuters) - Wall Street extended its rally on Wednesday, with the S&P 500 and the Nasdaq hitting record highs for the fourth straight session as technology companies pushed indexes higher and promising trade negotiations stoked investor sentiment.

The Dow Jones Industrial Average <.DJI> rose 60.89 points, or 0.23 percent, to 26,124.91, the S&P 500 <.SPX> gained 16.52 points, or 0.57 percent, to 2,914.04 and the Nasdaq Composite <.IXIC> added 79.65 points, or 0.99 percent, to 8,109.69.

(Reporting by Stephen Culp; Editing by Lisa Shumaker)

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Updated Date: Aug 30, 2018 02:05 AM

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