Wall Street crawls to record levels on trade hopes

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Wall Street crawls to record levels on trade hopes
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U.S. stocks crawled higher on Tuesday, and all three major Wall Street indexes n...

Walt Disney Co gained 1.30% after a report that its streaming service was averaging nearly 1 million new subscribers a day. The stock helped keep the Dow Jones Industrial Average on the plus side, providing about 20 points to the upside.

Investors are watching for signs on the health of the consumer for the holiday shopping season. Consumer confidence fell for a fourth straight month in November but remained at levels sufficient to support a steady pace of consumer spending, according to data on Tuesday. A separate report showed that new home sales unexpectedly dropped in October, although data for the prior month was revised up, with purchases hitting their highest level in over 12 years.

Best Buy was the best performer on the S&P 500, while Dollar Tree was the biggest drag on both the S&P and the Nasdaq.

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