Dow touches 23,000 for the first time, closes at record ~ Market Updates Tips Tricks Recommendations

Wednesday 18 October 2017

Dow touches 23,000 for the first time, closes at record

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NEW YORK, NY - AUGUST 27: The New York Stock Exchange stands on Wall Street on August 27, 2013 in New York City. The Dow Jones Industrial Average fell 170 points on fears of a possible U.S. attack on Syria. (Photo by John Moore/Getty Images)

The Dow Jones industrial average rose on Tuesday, and broke above 23,000 for the first time on an intraday basis.

The index faded and closed three points shy of 23,000 as bank shares rolled over.

The Dow first crossed 22,000 for the first time just 76 days ago.

The Nasdaq composite 0.01 percent to 6,623.66 after shares of streaming giant Netflix pulled back 1.6 percent. Netflix posted better-than-expected earnings and revenue, boosted by stronger-than-expected subscriber growth. The stock hit a record high before retreating.

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