Dow closes above 18,000, S&P record

Dow closes above 18,000, S&P record

NEW YORK - The Dow Tuesday closed above 18,000 for the first time, prolonging a so-called "Santa Claus" rally after a surprisingly strong US economic growth report.

The Dow Tuesday closes above 18,000 for the first time, prolonging a so-called "Santa Claus" rally after a surprisingly strong US economic growth report

At the closing bell, the Dow Jones Industrial Average stood at 18,027.45, up 68.01 points (0.38 percent).

The S&P 500 also notched a fresh record, gaining 3.68 points (0.18 percent) to 2,082.22, while the tech-rich Nasdaq Composite Index dropped 16.00 (0.33 percent) to 4,765.42.

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