Other indices higher
The Dow has hit another milestone. Perhaps the most referenced but not the broadest, has moved above the 22,000 level for the first time ever. Bring out the party hats.
You can thank Apple for the gain today. It had blow-away earnings yesterday after the close. Boeing has been a big contributor of late as well. It is little changed today.
Four hundred Dow points can be attributed to Boeing on the move up from Dow 21K to 22K (as of the close yesterday). McDonalds has added 177 points, United Health Care 163 points and Caterpillar 106. The rest has only added 150 points (as of the close yesterday- thank you CNBC).
For your guide, here is a list of the Dow stocks. As mentioned, it is not the best or broadest of indices and has a bias (the higher priced stocks can have a bigger impact on the index) , but it still is at a record. Remember when it broke 10,000 for the first time (back in 1999?). Dow 10K!
The S&P index is up marginally (up 0.48 points or 0.02%). The Nasdaq is up 18 points or 0.28% at 6380.35. The high reached 6394.21.
