Dow Jones Industrial Average retakes 34,000 for first time since May

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The Dow Jones Industrial Average DJIA, +0.91% surmounted the 34,000 level on Tuesday for the first time since early May as U.S. stocks swung higher in midday trade. The blue-chip gauge was up 260 points, or 0.8%, to 34,174, on track to close above the key level for the first time since May 4, according to Dow Jones Market Data. The S&P 500 SPX, +0.46% was up 16 points, or 0.3%, to 4,313, its highest level in more than three months. As of noon in New York, the Nasdaq Composite COMP, +0.09% was the only one of the three main benchmarks still trading in the red. The tech-heavy gauge was down 12 points, or 0.1%, at 13,115. The Dow was outperforming on Tuesday thanks in part to strong earnings from Walmart Inc. WMT, +5.97% which was up 5.7% in recent trade.

This article was originally published by Marketwatch.com. Read the original article here.

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