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Intel Helps Drive The Dell To Near Record Highs

The Dow Jones Industrial Average was nearing the level of its best-ever finish Wednesday, as investor optimism was overcoming concerns about sluggishness in the economy. Advances of 2% or more in McDonald's, General Motors and Intel were driving the Dow.

Lately, the Dow was adding 34 points, or 0.3%, at 11,703. The S&P 500 was up 2 points, or 0.2%, at 1339, and the Nasdaq Composite was higher by 8 points, or 0.4%, at 2269. For the Dow, its highest close was just below 11,723 on Jan. 14, 2000. The best intraday point was 11,751.82, set two days before the record finish.

The Street

Posted by | Wed, Sep 27, 2006 - 10:42 AM