Amazon and Microsoft nudge S&P 500 closer to record high

The Dow Jones Industrial Average rose 0.5 percent to end the day at 25,628.91 points. The S&P 500 ended the session at 2,858.45, just short of its January record of 2,872.87. The Nasdaq Composite added 0.31 percent to 7,883.66.

The S&P 500 inched nearer to a record high on Tuesday, lifted by Amazon, Alphabet and Microsoft, and by a strong second-quarter earnings season that fuelled optimism about the U.S. economy’s strength.

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