The blue-chip index rose 144.71 points, or 0.7%, on route to a new record of 21,528.99. The Dow opened firmly higher and built on early gains throughout the session.
Technology heavyweight Apple Inc. (NASDAQ: AAPL) led the rally, climbing 2.9%. Financial juggernauts Goldman Sachs Group Inc. (NYSE: GS) and JPMorgan Chase & Co (NYSE: JPM) rose 2.2% and 2%, respectively.
A slew of other companies finished with gains of 1% or more, including Nike Inc. (NYSE: NKE), The Home Depot Inc. (NYSE: HD) and Boeing Co (NYSE: BA).
On the opposite side of the ledger were insurer Travelers Cos (NYSE: TRV) and energy giants Chevron Corp (NYSE: CVX) and Exxon Mobil Corp (NYSE: XOM), which fell at least 0.8%.
Large-cap technology shares not part of the Dow Jones index also traded higher, including Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN) and Google-parent Alphabet (NASDAQ: GOOGL).
The broader S&P 500 Index also rose to new records, adding 0.8% to 2,453.46. The Nasdaq Composite Index surged 1.4% to close at 6,239.01.
In global markets, European stocks finished firmly to the upside after French President Emmenauel Macron’s party secured a majority in parliamentary elections over the weekend.
The British pound declined as the U.K. and European Union (EU) began Brexit negotiations. One of the biggest disagreements on day one focused on the legal rationale for the €100 billion gross settlement EU member-states are demanding from the U.K. Talks will continue for the next two years to arrive at a new trade agreement between the U.K. and EU.
Dow Jones Industrial Average