On Tuesday, the Dow Jones Industrial Average appeared to expand a bullish turn that saw it record four consecutive gains, giving the index less than 800 points from the October record. Last, Dow
DJIA, + 0.41%
was up 173 points, or 0.7%, to 26.086, from Thursday. On October 3, Dow hit a record of 26,828.39, with the current level making it about 745 points short of that level. The Blue-chip gauge rally, with a fifth straight day, has also formed a bullish gold cross, where its 50-day moving average crossed the 200-day moving average, a feature often considered by market engineers as a bullish sign an asset. Dow's 50-day stand is 25,1
SPX, + 0.44%
was up 0.6% to 2.851, while the Nasdaq Composite Index
COMP, + 0.50%
advanced 0.7% at 7.766.
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