Wall Street marks 4th straight record closing

 15 Feb 2017 - 13:40

Wall Street marks 4th straight record closing
File Photo.


NEW YORK:  Wall Street ended Tuesday with gains, closing at a record level for the fourth consecutive trading day. 

The Dow added 92 points to finish at 20,504 and the S&P rose nine points to hit 2,337. 

The Nasdaq increased 18 points to end the day at 5,782. 

The record close came despite the Federal Reserve Chair Janet Yellen's remarks earlier Tuesday that it would be "unwise" to wait too long to raise interest rates again, during her speech before the Senate Committee on Banking, Housing, and Urban Affairs.

Yellen, however, avoided giving any clear signals about when the Fed's rate hike would come this year, which led investors to take a buying position in the market, triggering gains in indexes.