New York (AFP)

The Dow Jones and Nasdaq, two major indexes of the New York Stock Exchange, quietly broke a new record on Tuesday, after a session marked by optimism on the trade front and a reassuring indicator for the US economy.

New York's flagship index, the Dow Jones Industrial Average gained 0.11% to finish at 27,492.63 points and exceed its highest level for the second session in a row.

The Nasdaq, with strong technological coloration, has grazed 0.02%, to 8,434.68 points. This is the third time in a row that he is breaking his record.

The broad-based S & P 500 index, which represents the 500 largest companies on Wall Street, fell by 0.12% to 3,074,267 points.

The New York Stock Exchange continued on Tuesday to enjoy a more peaceful climate in the trade war between Beijing and Washington.

The easing of tensions with the prospect that the first two world economies would seal a partial trade deal in the coming weeks had already helped raise the indexes in previous meetings.

"Some of the US tariffs (on Chinese imports, Ed) could be lifted." For companies struggling to find alternative sources of supply, this is great news, "commented Christopher Low of FTN Financial. , in reference to press information published on Tuesday.

"Nobody really believes that this will happen before an agreement is signed but the market reacts positively when good news as it falls," said the expert.

Dow Jones and Nasdaq growth was also supported by the sharp rebound in US services activity growth in October, which exceeded expectations after falling to its lowest level in three years on previous month, according to the professional association ISM.

The non-manufacturing index stood at 54.7%, 2.1 percentage points above its September level. Analysts were expecting less growth, at 53.3%.

"For market participants, this confirms that even though the fourth quarter's GDP may not be very good, it will reach a plateau and the economy will start to accelerate afterwards," Low said.

On the bond market, the 10-year rate on US debt stood at 1.853% around 21.40 GMT, a sharp rise compared to the previous day's closing (1.777%).

© 2019 AFP