Dow Jones Industrials Break Above 22,000
A big earnings gain from Apple is sending the Dow Jones industrial average above 22,000 points for the first time.
Apple soared 6 percent in the first few minutes of trading Wednesday, accounting for all of the Dow’s gain. Apple reported another strong quarter and released a strong forecast late Tuesday.
Drugmaker Illumina jumped 12 percent after beating its earnings forecasts and issuing a strong outlook.
The Dow was up 68 points, or 0.3 percent, to 22,031.
The Standard & Poor’s 500 index rose 2 points, or 0.2 percent, to 2,478.
The Nasdaq composite increased 25 points, or 0.4 percent, to 6,388.
To Read The Full Story
Are you already a subscriber?
Click "Sign In" to log in!
Become a Web Subscriber
Click “Subscribe” below to begin the process of becoming a new subscriber.
Become a Print + Web Subscriber
Click “Subscribe” below to begin the process of becoming a new subscriber.
Renew Print + Web Subscription
Click “Renew Subscription” below to begin the process of renewing your subscription.