How major US stock indexes fared Tuesday, 9/24/2024

U.S. stocks edged further into record heights on Wall Street after shaking off a bumpy start to the day. The S&P 500 rose 0.3% Tuesday. The Dow Jones Industrial Average edged up 0.2%, adding to its own record. The Nasdaq composite gained 0.6%. Treasury yields sank in the bond market following an update on U.S. consumer confidence that was surprisingly weak. Prices for oil, copper and other commodities rallied following a slew of moves by China’s central bank to prop up the world’s second-largest economy. Chinese stocks closed sharply higher.