Dow Finishes At Record, But Shy Of 20,000 Milestone
U.S. stocks finished higher on Tuesday, led by a rally in bank stocks, though the Dow Jones Industrial Average finished just below the psychologically important 20,000 level. Both the Dow and Nasdaq Composite Index closed at fresh all-time highs, with the S&P 500 index falling just short of its own record. The S&P 500 gained 8.23 points, or 0.4%, to 2,270.76, led by financials and consumer-discretionary stocks. The Dow climbed 90.95 points, or 0.5%, to 19,974.14, as Nike Inc. and Goldman Sachs Group led the blue-chip benchmark. The Nasdaq gained 26.50 points, or 0.5%, to 5,483.94.
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