Dow hits all-time high, soars over 400 points as investors cheer big bank earnings
The Dow Jones Industrial Average climbed 409.74 points, or 0.8%, to 42,863.86, eclipsing its Wednesday record close of 42,512. The blue-chip touched an intraday record high of 42,899.75. The S&P 500 gained 0.6% and closed above 5,800 for the first time. The Nasdaq was up 0.3%.