NEW YORK — The Dow Jones industrial average closed at record high of 14,254 Tuesday, passing its previous closing record of 14,164 set Oct. 9, 2007, by 90 points.
The Dow has more than doubled since falling to a low of 6,547 in March 2009 following the financial crisis and the recession.
The index is up nearly 9 percent this year, capping a remarkable comeback. The Dow has more than doubled since hitting a 12-year low in March 2009.
The Standard & Poor's 500 index rose 14 points, or 1 percent, to 1,539. The S&P is also within striking distance of its record close of 1,565.
The Nasdaq gained 42 points, or 1.3 percent, to 3,224.
Three stocks rose for every one that fell on the New York Stock Exchange. Volume was light at 3.3 billion shares.
Read tomorrow's Arkansas Democrat-Gazette for full details.