Goldman sends Dow to record high, techs lift S&P, Nasdaq

The Dow has been enjoying a record-setting rally, largely driven by bank and industrial stocks, which are expected to benefit the most from higher spending on infrastructure and simpler regulations under a Donald Trump administration. The index has risen 5 percent since the Nov. 8 vote, while the S&P financial index has surged 14.3 percent. Goldman Sachs rose 2.2 percent to $228.32, its highest in nine years, after HSBC initiated coverage with a "buy" rating and a $250 price target.