While you were sleeping: Dow climbs above 26,000 points

Tue, 16 Jan 2018

By Margreet Dietz Jan. 17 (BusinessDesk) - Wall Street moved higher, paring some of its gains after touching record highs earlier in the day, amid better-than-expected corporate earnings including from UnitedHealth Group and a rally in Merck shares. In 1.25pm trading in New York, the Dow Jones Industrial Average rose 0.4 percent, while the Nasdaq Composite Index eked out a 0.02 percent gain. In 1.10pm trading, the Standard & Poor’s 500 Index added 0.1 percent. Earlier in the day Wall Street's three benchmark indexes each touched recor...

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