The S&P 500 on Tuesday has reclaimed its level prior to last week’s broad unraveling of U.S. equity-index benchmarks on Wednesday. The S&P 500 index intraday move put it recently at 2,400.86, up 0.3%, compared with a close of 2,400.67 last Tuesday, highlighting relative resilience for the stock market that was roiled by negative headlines about the White House less than a week ago. The Dow Jones Industrial Average was trading up 0.2% at 20,941, while the Nasdaq Composite Index climbed 0.2% at 6,142. Tuesday’s trade puts the broad-market S&P 500 just about two points shy of record close and five points short of an intraday all-time high. The Dow is still about 50 points from its pre-collapse level, while the Nasdaq is about 25 points short of Tuesday’s close. The three benchmarks are shooting for their fourth straight session of gains–their longest win streaks since late February, according to FactSet data.
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