The Dow Jones industrial average notched yet another milestone on Tuesday morning, breaking the 23,000 mark for the first time, a record high, CNBC reported.
The 30-stock index was buoyed by better-than-expected results from UnitedHealth Group and Johnson & Johnson. The Dow dropped back under 23,000 as trading continued. It closed at 22,997.
The index has been on a strong run of late, beating 22,000 points in early August.
"Those big, round numbers are getting easier to reach on the Dow on a percentage basis," said Art Hogan, chief market strategist at Wunderlich Securities. "That's great because every time we get a milestone like that, it seems like Mainstream America pays more attention to financial markets."