Dow hits all-time high
by Lynde Langdon
Posted 8/02/17, 11:53 am
Propelled by positive results from Apple Inc., the Dow Jones industrial average rose above 22,000 for the first time Wednesday. Other market indicators such as the Nasdaq composite and the Standard & Poor’s 500 index, which measure a broader spectrum of stocks, fell slightly Wednesday. The Dow tracks 30 big-name U.S. companies and was buoyed by Apple’s fiscal third-quarter results, which were better than anticipated. Apple stock climbed 5.6 percent after the announcement.
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