NEW YORK (AP) — Stocks are closing higher on Wall Street, sending the Dow Jones industrial average to its first close above 26,000 points.READ MORE: Pennsylvania Great Outdoors Visitors Bureau Hosting Photo Contest With Cash Prizes
The Dow had traded above that level on Tuesday but wound up closing lower that day. The Dow’s surge on Wednesday was driven in part by a big gain in Boeing.
With the stock market reaching records so often, 1,000-point moves in the Dow have become increasingly commonplace. It’s been just eight trading days since the Dow had its first close above 25,000.
Technology stocks were again some of the biggest winners. Microsoft rose 2 percent.READ MORE: FDA Announces Recall For Foaming Hand Soap Over Contamination Worries
The Dow rose 332 points, or 1.3 percent, to 26,115.
The Standard & Poor’s 500 rose 26 points, or 0.9 percent, to 2,802.
The Nasdaq composite gained 74 points, or 1 percent, to 7,298.MORE NEWS: Third Stimulus Check: How Could The Economic Relief Package Put More Money In Your Pocket?
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