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Market Snapshot: Dow seeks to reclaim 26,000 as GE, Goldman Sachs cast shadow on market

The Dow industrials on Wednesday staged a late rally to end above 26,000 for the first time ever, knocking out another round-number milestone at a history-setting pace for blue chips, with all the main equity indexes finishing at all-time highs. An upbeat gauge of conditions at the Federal Reserve’s business districts contributed to the buying sentiment.

How did the main benchmarks fare?

The Dow Jones Industrial Average DJIA, +1.25% jumped 322.79 points, or 1.3%, to 26,115.65. On Tuesday, it traded above 26,000 but ended down by less than 0.1% after its intraday gain of more than 200 points failed to stick, marking the largest one-day reversal since February 2016.

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