Dow Hits Record Close Near 47,000 📈
The Dow Jones Industrial Average surged to a new record close on Tuesday, fueled by strong earnings from Coca-Cola and 3M. The 30-stock index gained 218.16 points (0.47%), closing at 46,924.74, briefly surpassing the 47,000 mark. Investors welcomed robust corporate results, which helped offset broader market uncertainties.
Meanwhile, the S&P 500 remained relatively flat, closing just above the 6,735 level, while the tech-heavy Nasdaq Composite lagged behind. Market participants are closely watching earnings trends and economic indicators to gauge the strength of this rally. Strong corporate profits from blue-chip companies continue to drive investor confidence and support the broader market.