Another Record Close for Dow Jones Industrial Average
(NEW YORK) — The Dow Jones Industrial Average saw another historic close Wednesday, despite losing some steam.
The blue chips index still called it a session with an all-time high, up 42 points, or 0.3 percent, at 14,296. The Nasdaq lost 1.77 points, or 0.1 percent, to close at 3,222.36. The S&P 500 picked up 1.67 points, or 0.1 percent, closing at 1,541.46.
It’s still hard to find a job, but a new survey finds more places are hiring. Payroll processor ADP says businesses added 198,000 jobs last month.
A Federal Reserve survey shows the economy expanded in all parts of the country in the first two months of the year. Ten of the Fed’s 12 regions showed moderate growth, with slow growth only in the Boston and Chicago districts. The housing market was stronger almost nationwide, and consumer spending was up, especially with auto sales.
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