Mumbai, Oct. 29 -- The US stocks scaled up new record highs on Tuesday as investors focussed on earnings and looked to the Federal Reserve meeting to confirm interest rate cuts and a further decline in borrowing costs. Overall mood stayed supported on expectations around the Trump-Xi meeting, which could ease trade tensions and steady global demand outlook. The Nasdaq advanced 190.04 points or 0.8% to 23,827.49, the Dow climbed 161.78 points or 0.3% to 47,706.37 and the S&P 500 0.2%, notching its third consecutive record close. Nvidia (NVDA) led the way higher, providing a lift to the markets as CEO Jensen Huang gave the keynote address at its GTC event. The counter rose 5% to a record high as Huang said the AI industry has turned a corne...