The Dow Jones Industrial Average closed at an all-time high Wednesday; ignoring the first day of public testimony from the Democrats’ impeachment inquiry against President Trump.
“The Dow Jones Industrial Average hit an all-time high on Wednesday as Disney shares popped while investors digested testimony from the top-ranking Federal Reserve official,” reports CNBC.
“The 30-stock average closed 92.10 points higher, or 0.3% at 27,783.59, notching intraday and closing records. Disney jumped 7.4% after the media giant said its Disney+ streaming service got more than 10 million sign-ups after launching on Tuesday,” adds the financial website.
This is a developing story. Check back for updates.
Source: CNBC.