Dow soars to record high as it crosses 22,000 mark for the first time

Weak dollar and bumper company earnings drive Wall Street surge, lifting US equities to new highs and putting DJIA on track for sixth record close in a row

The Dow Jones Industrial Average has gone above the 22,000 mark for the first time, boosted by bumper company earnings and a weak dollar, with investors shrugging off the latest upheavals in the White House.

The move comes five months after the Dow passed the 21,000 level, having previously crossed 20,000 in January. This year it is up about 11%, and since the election of Donald Trump as US president in November, it has risen more than 20%. Meanwhile, the S&P 500 and Nasdaq Composite are also near record highs.

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