S&P 500 and Nasdaq close at records ahead of Fed summit; European stocks close mixed despite U.S. Pfizer vaccine approval 
Stocks were higher Tuesday following a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech’s Covid vaccine. 
The Dow Jones Industrial Average rose 30.55 points, or less than 0.1%, to 35,366.26. The S&P 500 added 0.1% to a new closing high of 4,486.23. The Nasdaq Composite gained 0.5% to 15,019.80, also a new closing high. 
Chinese stocks led the Nasdaq as investors have been getting more clarity on China’s regulatory outlook and buying shares of names that have taken a beating lately. Pinduoduo jumped 22.2% while JD.com rose 14.4%, Tencent Music Entertainment climbed 12.7% and Baidu gained 8.6%. 
Best Buy shares rose 8.3% after the electronics retailer beat estimates on the top and bottom lines for the second quarter. 

The pan-European Stoxx 600 was a hair below the flatline by the end of trading, with sectors and major bourses pointing in opposite directions. 
Near the top of the European blue chip index, British retailer Marks & Spencer climbed over 4% after price target increases from Credit Suisse and Berenberg. 
Source: CNBC, Investing.com