Wall Street closes higher with rise in Nasdaq, tech

Wall Street closes higher with rise in Nasdaq, tech

Nasdaq ends on record high for 62nd time in 2017

By Ovunc Kutlu

NEW YORK (AA) - Wall Street inched to a higher close Tuesday to end the month with gains, thanks to a rise in tech stocks and another record finish for Nasdaq.

The Dow added 28 points to end at 23,377. The S&P 500 rose two points to finish trading at 2,575.

The Nasdaq increased 28 points to close at 6,727. The index has closed at record levels 62 days this year. That last time that happened was 1980.

The Dow rose 4.3 percent in October, the S&P added 2.2 percent, and the Nasdaq gained 3.5 percent.

Apple gained 1.4 percent to $169.04 -- a new record for the company that now has a market capitalization of $873 billion.

The firm with the world's biggest market value will have its newest iPhone X model in stores Friday, and may continue to see its shares climb, according to experts.

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