Housing stocks caught a boost from Wednesday’s FOMC meeting. That’s helping the Dow Jones Industrial Average skate toward a record high as the S&P and Nasdaq dip.
The Dow was up 1.02% in late morning trading and was on pace for its first record close since Nov. 12, according to Dow Jones Market Data. If the increase holds, it will be the index’s 18th record of 2025.
The index was getting a boost from Home Depot. The stock was up 3.02%, on pace for its highest close since Nov. 14, as the 10-year Treasury yield fell.