Dow surpasses 19,000 for first time

A board above the trading floor of the New York Stock Exchange shows the Dow Jones industrial average above 19,000, Tuesday, Nov. 22, 2016. U.S. stocks are rising Tuesday morning after most major indexes closed at record highs the day before. (AP Photo/Richard Drew)

NEW YORK (AP) — The Dow Jones industrial average is closing above 19,000 for the first time as a post-election rally drives indexes further into record territory.

Tuesday’s gain marked the sixth record high close for the index of 30 blue chip stocks since the presidential election two weeks ago.

Discount store chains led the way higher after strong earnings. Burlington Stores surged 16 percent and Dollar Tree gained 8 percent.

Health care companies slumped, however, after weak earnings from medical device maker Medtronic.

The Dow rose 67 points, or 0.3 percent, to 19,023. Other indexes also closed at records.

The Standard & Poor’s 500 index rose 4 points, or 0.2 percent, to 2,202. The Nasdaq added 17 points, or 0.3 percent, to 5,386.

Small-company stocks continued to outperform the market. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

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