Dow Jones Climbs Record High for the Second Straight Day while S&P and Nasdaq Shys Away

The Dow Jones Industrial Average (DJI) index closed record high on Tuesday for a second straight day mainly supported by financial and industrial shares.

S&P 500 was near flat which declines in shares of big growth names including Tesla Inc. which weighed down the index as well the Nasdaq index.

The S&P 500 value index (.IVX) jumped, while the S&P 500 growth index (.IGX) was down.

The U.S. central bank said last month it would end its pandemic-era bond buying in 2022 which signaled the market at least three interest rate hikes for the year. Minutes from the meeting are expected to be released on Wednesday, as reported by Reuters.