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Nasdaq breaches 6,000 as earnings power Wall Street higher

Posted by: Admin | Posted on: April 25th, 2017 | 0 Comments

NEW YORK The Nasdaq Composite stock index hit a record high on Tuesday, while the Dow and SP 500 brushed against recent peaks as strong earnings underscored the health of Corporate America.

The Dow Jones Industrial Average .DJI rose 232.23 points, or 1.12 percent, to 20,996.12, the SP 500 .SPX gained 14.46 points, or 0.61 percent, to 2,388.61 and the Nasdaq Composite .IXIC added 41.67 points, or 0.7 percent, to 6,025.49.

The Nasdaq closed above 6,000 for the first time, more than 17 years after first breaching 5,000.

(Reporting by Rodrigo Campos; Editing by James Dalgleish)

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