US Stocks Close Higher as S&P 500, Nasdaq Set New Records

iStock/Thinkstock(NEW YORK) — U.S. stocks closed higher Tuesday after the Nasdaq and S&P 500 posted new records.

The Dow gained 112.86 (+0.57 percent) to finish at 19,912.71.

The Nasdaq jumped 48.01 (+0.86 percent) to close at 5,600.96, while the S&P 500 finished at 2,280.07, up 14.87 (+0.66 percent) from its open.

Crude oil prices hit $53 a barrel, upnearly 1 percent.

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