The major indexes ended in positive territory although the Dow and S&P 500 were in negative territory for much of the day.
Stocks closed essentially flat after their recent rallies as mixed economic reports showed a big gain in manufacturing activity in the Philadelphia area but also slower housing starts in several major U.S. regions.
The major indexes stayed on an upward trajectory on signs of growth in the U.S. economy.
Stocks at first traded cautiously as Federal Reserve Chair Janet Yellen testified before Congress, leaving an opening to a March rate hike.
The major indexes moved higher once again on encouraging earnings news and the prospects of tax cuts.
The major indexes continued their push to record highs, boosted by optimism over President Trump’s upcoming tax plan and the ratcheting down of tensions over whether the U.S. would continue to recognize the One China policy regarding Taiwan.
As a winter storm pummeled Wall Street and the East Coast, stocks posted solid gains to push all three major indexes to new highs.
Stocks ended mixed as investors kept watch over earnings reports and ongoing events in Washington.
Sinking oil prices and a rising trade deficit weighed on stocks, limiting the major indexes to modest gains.