Strong company earnings push Dow to record high 23,000
The Dow Jones Industrial Average passed another milestone, topping 23,000 for the first time, as strong earnings from UnitedHealth Group Inc. and Johnson & Johnson helped push the more than century-old gauge to a record.
It’s the sixth 1,000-point milestone reached in the past 12 months and the fifth since Donald Trump was elected president in November. The Dow average added 0.2 percent, or 44 points, to 23,000 at 11:06 a.m. in New York before retreating. It was at 22,977 at 11:33.
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