10/20, 6:15 PM (Source: TeleTrader)
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Dow jumps 170 pts, sets new all-time high

Shares on the major stock market indexes in the United States extended gains on Wednesday, with the Dow Jones Industrial Average gaining over 170 points and setting a fresh intraday record high.

The investors' optimism was seemingly boosted by stronger-than-expected earnings reports, with the electric vehicle behemoth Tesla set to come out with its third-quarter results after the close.

The Dow Jones surged 169 points, or 0.48%, at 12:19 pm ET, while the Nasdaq 100 remained flat at the same time. The S&P 500 hovered below its all-time high, advancing 0.37% a minute later. The euro moved up by 0.12% versus the dollar, selling for 1.16480 at 12:22 pm ET.

Breaking the News / BU