October 22, 2014
NEW YORK (AP) - The Dow Jones industrial average is closing at another record high.
The Dow rose 128 points, or 0.8 percent, to 15,746, beating the record it set last Tuesday by 66 points.
The Standard & Poor's 500 index rose seven points, or 0.4 percent, to 1,770, just one point below its own all-time high.
One of the biggest gainers in the S&P 500 index was Ralph Lauren, which rose $9.33, or 5.5 percent, to $180.52. The luxury retailer reported earnings that beat analysts' estimates and issued an optimistic forecast for the holiday season.
The Nasdaq composite fell eight points, or 0.2 percent, to 3,932.
The yield on the benchmark 10-year Treasury note fell to 2.63 percent from 2.67 percent.
More stocks rose than fell on the New York Stock Exchange.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.