NEW YORK — The Dow closed at an all-time high Tuesday, beating the previous record it set in October 2007, before the financial crisis and Great Recession. Twenty seven stocks in the 30-member Dow advanced, with industrial companies leading the gains. The gains represent a remarkable comeback for the stock market. The Dow has more than doubled since falling to a low of 6,547 in March 2009.
The Dow Jones industrial average rose 125.95 points, or 0.9 percent, to close at 14,253.77.
The Standard & Poor's 500 index rose 14.59 points, or 1 percent, to 1,539.79.
The Nasdaq composite rose 42.10 points, 1.3 percent, to 3,224.13.
For the week:
The Dow is up 164.11, or 1.2 percent.
The S&P 500 is up 21.59, or 1.4 percent.
The Nasdaq composite is up 54.39, or 1.7 percent.
For the year:
The Dow is up 1,149.63 or 8.8 percent.
The S&P 500 is up 113.60, or 8 percent.
The Nasdaq composite is up 204.62, or 6.8 percent.