Dow Up More Than 100 Points to Another All-Time High



As reported at CNBC, on Tuesday the DOW closed 122.73 points higher to a record high of 26,773.94. This is in the wake of the new trade deal between the United States, Canada and Mexico.

The Dow Jones Industrial Average hit a record high on Tuesday as it rallied for a second day, boosted by gains in Intel and optimism around global trade.

The 30-stock index closed 122.73 points higher to 26,773.94 for its first record close since Sept. 21. Intel climbed more than 3.5 percent, while Boeing soared to an all-time high. These gains added to the 192-point pop in the Dow on Monday to start the fourth quarter.

The S&P 500, closed flat, however, at 2,923.43 while the Nasdaq Composite fell half a percent to 7,999.55 as large-cap tech names fell more than 1 percent.

Posted October 2, 2018 by
Stock Market | no comments

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