Stock market opens tepidly higher Wednesday but enough to notch intraday record highs for S&P 500 and Nasdaq

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U.S. stock-market benchmarks mostly opened higher on Wednesday, pushing the key benchmarks to further records after an economic report came in better than expected. The U.S. orders for durable goods rose 11.2% in July helped by a 22% surge in automobile demand. Economists surveyed by MarketWatch were looking for a 4.8% rise after a 7.6% jump in June. The S&P 500 index rose 6 points, or 0.2%, at 3,449, establishing a fresh intraday record at the open; while the Nasdaq Composite Index rose 0.5% to an intraday all-time high at around 11,524, up 56 points. Meanwhile, the Dow Jones Industrial Average was under pressure, off 50 points, or 0.2%, at 28,196, weighed by declines in UnitedHealth Group Inc. and Boeing Co. , which was offsetting a 1% gain in blue-chip component Apple Inc. .
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