Advertisement
Canada markets open in 8 hours 46 minutes

  • S&P/TSX

    24,072.51
    -30.20 (-0.13%)
     

  • S&P 500

    5,751.13
    +55.19 (+0.97%)
     

  • DOW

    42,080.37
    +126.13 (+0.30%)
     

  • CAD/USD

    0.7320
    -0.0009 (-0.12%)
     

  • CRUDE OIL

    73.84
    +0.27 (+0.37%)
     

  • Bitcoin CAD

    85,193.05
    -377.64 (-0.44%)
     

  • XRP CAD

    0.73
    -0.00 (-0.07%)
     

  • GOLD FUTURES

    2,635.50
    +0.10 (+0.00%)
     

  • RUSSELL 2000

    2,194.98
    +1.89 (+0.09%)
     

  • 10-Yr Bond

    4.0330
    +0.0070 (+0.17%)
     

  • NASDAQ futures

    20,244.00
    -54.50 (-0.27%)
     

  • VOLATILITY

    21.42
    -1.22 (-5.39%)
     

  • FTSE

    8,190.61
    -113.01 (-1.36%)
     

  • NIKKEI 225

    39,277.53
    +339.99 (+0.87%)
     

  • CAD/EUR

    0.6674
    +0.0002 (+0.03%)
     

Dow hits all-time high in broader market rally

Reuters
·1 min read
A screen displays the Dow Jones Industrial Average after the close of trading for the day on the floor at the NYSE in New York

(Reuters) - The Dow Jones Industrial Average scaled an intraday record high on Friday, playing catch-up with two other main U.S. indexes in recent broad-based market gains.

The blue-chip 30-stock index was up 0.9% at 40,094.54 points, surpassing its previous intraday all-time high of 40,077.40 points hit in late May.

So far this year, the Dow has risen 6.4%, underperforming the broader S&P 500 and the tech-heavy Nasdaq Composite, which have advanced 18.2% and 23.1%, respectively, over the same period.

Growth stocks, powered by technology and semiconductors, have led the market higher in 2024, while the more value-oriented Dow has struggled to keep up.

(Reporting by Ankika Biswas in Bengaluru and Stephen Culp in New York; Editing by Shinjini Ganguli)