(RTTNews) – Stocks are turning in a relatively lackluster performance during trading on Tuesday, with the Nasdaq and the S&P 500 lingering near the unchanged line after moving notably higher over the two previous sessions.
However, the narrower Dow has shown a more substantial move to the upside, with the blue chip index reaching a new record intraday high.
The Dow is currently just off its highs of the session, up 411.80 points or 0.9 percent at 47,118.38. The S&P 500 is posting a more modest gain, up 12.38 points or 0.2 percent at 6,747.51, while the Nasdaq is down 20.39 points or 0.1 percent at 22,970.15.
The surge by the Dow partly reflects a sharp increase by shares of 3M (MMM), with the multinational conglomerate spiking by 5.6 percent after reporting better than expected third quarter results.
Beverage giant Coca-Cola (KO) has also jumped by 3.5 percent after reporting third quarter…
