U.S. Stocks Rise for Second Day With Election at Center Stage
- S&P 500 posts its best back-to-back gains since June
- State-by-state polls indicated narrow edge for Clinton
Rickards: Markets and Gold Fully Priced for Clinton
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U.S. stocks advanced, with the S&P 500 Index posting its best two-day climb since June, as investors awaited election results amid a tight contest for president.
The S&P 500 rose 0.4 percent to 2,139.56 at 4 p.m. in New York, after erasing a 0.4 percent slide, to close at a two-week high. The gauge climbed as much as 0.7 percent. The Dow Jones Industrial Average added 73.14 points, or 0.4 percent, to 18,332.74, and the Nasdaq Composite Index climbed 0.5 percent. About 7 billion shares traded hands on U.S. exchanges, 6 percent more than the three-month average.