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Dow closes above 26,000 in market first
The Dow Jones Industrial Average closed above 26,000 points Wednesday, CNN Money reported, marking a historic first for the market index. The Dow had first passed the 26,000-point threshold Tuesday, but Wednesday was the first day that it sustained those gains at market close.
Overall, the index spiked 323 points over the course of Wednesday's trading, ending the day at 26,115.65 points. The 1.3 percent bump was spurred by "stronger-than-expected quarterly results from some of the biggest U.S. companies," CNBC explained.