JaysonPhotography/iStock/Thinkstock(NEW YORK) — The stock markets hit new record highs on Wednesday, as a post-election rally continued.
The Dow Jones Industrial Average climbed 59.31 to a record close of 19083.18.
The Nasdaq dipped 5.67 to finish the session at 5380.68, while the S&P 500 added 1.78 to a close of 2204.72.
Government reports showed U.S. economic growth continuing, prompting a rally by the dollar — which is now at its highest point in more than ten years.
A federal jury awarded $54 million in damages to Wal-Mart truck drivers in California. That verdict in a lawsuit alleging Wal-Mart did not pay its drivers the state’s minimum wage.
U.S. crude oil prices also slipped by a few cents, dipping under $48 per barrel.
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