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Dow among trio of stock indexes to hit highs

The stock market on Tuesday enjoyed Wall Street’s version of a triple play.

The Dow, which is made up of 30 brand- name U. S. companies, closed at a record high. So did the large- company Standard & Poor’s 500 stock index.

The Nasdaq composite also closed at an all- time high, even though shares of Apple edged lower after the release of its iPhone X, its newest phone.

Investors keep pushing stocks higher despite negatives swirling around, including hurricane season, ongoing threats from North Korea and an overheated market that’s getting more overvalued relative to corporate earnings.

The bull storyline stresses the positives, such as the entire world enjoying an economic rebound or expansion.

Butmarket skeptics say stocks are too pricey and can’t keep going up forever. Another negative is the failure of the small- company Russell 2000 index, which is still 2% below its late- July peak, to join the new high party.