Stop Acting So Surprised That the Dow Just Hit 23,000
![Stop Acting So Surprised That the Dow Just Hit 23,000 Stop Acting So Surprised That the Dow Just Hit 23,000](http://g.foolcdn.com/editorial/images/459734/stopwatch-with-growing-stack-of-coins-profit-investing-getty.jpg)
Chalk up another historic day for what could very well be the most historic stock market index on the planet, the Dow Jones Industrial Average (DJINDICES: ^DJI). The 121-year-old index wound up gaining 40 points during Tuesday's trading session to close at yet another all-time record 22,997.
But the real news is what happened during Tuesday's trading session. Thanks to a strong earnings showing from healthcare conglomerate Johnson & Johnson, which pushed higher by $4.67 (no small move for the low-volatility healthcare giant), the Dow briefly eclipsed the 23,000-point mark, hitting an intraday high of 23,002. Since bottoming out in March 2009, the Dow has now gained better than 250%.
Image source: Getty Images.
Source: Fool.com