Dow Pushes Further Into Record Territory

NEW YORK (March 6, 2013)--The Dow Jones industrial average pushed further into record territory Wednesday, a day after surging past its previous all-time high.

The Dow closed up 42 points at 14,296 Wednesday.

On Tuesday, it surged 126 points to 14,253, clearing the previous record by 90 points.

That record was set in October 2007, a year before the peak of the financial crisis.

The Standard & Poor's 500 index was up one point to close at 1,541.

The Nasdaq composite slipped two points to end the day at 3,222.

An increase in private company hiring helped bring more buyers to the market.

Payroll processor ADP said companies added 198,000 employees to their workforces last month, more than expected.

Rising stocks outnumbered falling ones on the New York Stock Exchange where volume was average, 3.6 billion shares.


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