S&P 500 hits new high in opening as bank stocks advance

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Jun 29 (Reuters) – The S&P 500 Index hit a new record high shortly after the Wall Street open on Tuesday, boosted by the advance of major U.S. banks as investors weighed consumer confidence figures at a context of higher inflation and a rise in COVID-19 cases in Asia.

At 1335 GMT, the S&P 500 was up 8.65 points, or 0.20%, to a record high of 4,299.26; the Dow Jones Industrial Average rose 166.06 points, or 0.48%, to 34,449.33 units; and the Nasdaq Composite was down 5.31 points, or 0.04%, at 14,495.20 units.

(Report by Medha Singh in Bengaluru; edited in Spanish by Janisse Huambachano)

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