The Dow Jones Industrial Average finished at a record on Tuesday, joining the S&P 500 index at an all-time closing high as a rally in oil prices and stronger-than-expected earnings from Alcoa Inc. vaulted stocks to new heights.
The record for the the blue-chip benchmark comes a day after the S&P 500 index set an all-time closing high. The Dow added 120.74 points, or 0.7%, to 18,347.67, ending at a record for the first time in nearly 14 months. The blue-chip index set an intraday high at 18,371.95.
The S&P 500 climbed 14.98 points, or 0.7%, to 2,152.14, a few points off its all-time intraday high of 2,155.49. The Nasdaq Composite advanced 34.18 points, or 0.7% to 5,022.82, erasing its losses in 2016.
By: Market Watch.
Photo: Straits Times.
Review: Emerging Market Formulations &
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