Stocks have done something they haven’t done in more than a quarter of a century, with the Dow industrials, the S&P 500 and the Nasdaq all closing at record levels for a fifth session in a row.
Wednesday’s session closes with the NASDAQ Composite Index reaching a historical high. The index closed at 5,819.44 up 36.87 for the day. The index first reached the 5000 mark on Feb. 14, 2017. The total shares traded for the NASDAQ was over 2.33 billion.
The NASDAQ 100 index closed up .59% for the day; a total of 31.32 points. The current value is 5,302.39. Incyte Corporation had the largest percent change down (-1.93%) while Analog Devices, Inc. had the largest percent change gain rising 4.83%.
The Dow Jones index closed up .52% for the day; a total of 107.45 points. The current value is 20,611.86. Merck & Company, Inc. had the largest percent change down (-.76%) while Procter & Gamble Company had the largest percent change gain rising 3.71%.
The last time all three benchmarks closed at records for five consecutive sessions was back on Jan. 2, 1992. They went on to do it again for a sixth day in a row in a streak that ended on Jan. 3, according to Dow Jones data.
Back on Jan. 3, 1992, the Dow Jones industrial average reached a then-record close of 3,201.50, the S&P 500 topped out at 419.34, and the Nasdaq reached 592.65.