Economics

Dow Hits Another New High

Up .3 percent

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A record-high Dow Jones industrial average and an upbeat hiring report propelled global markets higher Wednesday.

The Dow, after setting an all-time high Tuesday, did it again Wednesday, after climbing another 0.3% from that previous close. It now stands at 14,296.24—about 42 points above Tuesday's close of 14,254.38.

The broader Standard & Poor's 500 index gained a point, or 0.1%, less than 25 points from its all-time closing high. On this date in 2009, the S&P closed at 666 and began its rebound after falling steeply in the aftermath of the 2008 financial meltdown.