New York: The Dow stock index topped 18,000 for the first time Tuesday, rising in the opening moments of trade following a strong report on US economic growth.
Fifteen minutes into trade, the Dow stood at 18,015.53, up 56.09 points (0.31 percent).
The S&P 500 gained 5.76 (0.28 percent) to 2,084.30, while the tech-rich Nasdaq Composite Index added 3.83 (0.08 percent) at 4,785.25.
Today's fresh records came on the heels of an unexpectedly strong revision to US growth for the third quarter.
The Commerce Department sharply raised its annual growth estimate from 3.9 percent to 5 percent, the strongest level in 11 years. Fuelling the gain was an upgrade in consumption spending to 3.2 percent.
Analysts had projected growth of 4.3 percent.
However, the good cheer was offset somewhat by a disappointing report on US durable goods orders, which fell 0.7 percent in November. The figures are a concern because durable goods are an indicator of business investment.
"There was good news and bad news," said BMO Capital Markets analyst Jennifer Lee.
