DOW hits record closing high as sentiments remain firm for US stocks

Dow reached a record closing high on Wednesday amid overall supportive moves in the US markets. The major averages climbed more firmly towards the end of the day. The Dow jumped 337.28 points (0.8%) to 43,077.70, the Nasdaq rose 51.49 points (0.3%) to 18,367.08 and the S&P 500 climbed 27.21 points (0.5%) to 5,842.47.