Published November 10, 2016 9:32am EST | Updated November 10, 2016 12:04pm EST

Dow Hits Record High As Stocks Rally For 4th Day

The Dow Jones Industrial Average hit a record high as stocks rallied for a fourth session as investors hold out hope that Donald Trump's presidency will focus on traditional Republican policy objectives like tax cuts. The blue-chip gauge gained 115 points, or 0.6%, to 18,708. The S&P 500 gained 10 points, or 0.5%, to 2,173. The Nasdaq Composite Index advanced 30 points, or 0.6%, to 5,280.