Stocks Ended Higher, S&P 500 Set All-time High

U.S. stocks ended higher on Tuesday, with the S&P 500 setting all-time high, despite global trade uncertainty weighing on international growth. The Dow Jones Industrial Average advanced 69.25 points, or 0.26%, to 26,786.68. The S&P 500 was up 8.68 points, or 0.29%, to 2,973.01. The Nasdaq Composite rose 17.93 points, or 0.22%, to 8,109.09.

Oil futures slumped Tuesday, with investors unable to shake demand worries tied to a vulnerable global economy and trade negotiations. August West Texas Intermediate crude fell $2.84, or 4.8%, to settle at $56.25 a barrel. September Brent finished Tuesday at $62.40, down $2.66, or 4.1%.

Tesla’s (TSLA) vehicle deliveries for the second quarter of 2019 topped Wall Street’s expectations. The electric car-maker reported Tuesday that it delivered 95,200 vehicles in the three months ending in June, besting average analyst estimates for about 88,000 deliveries, according to Bloomberg data.