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Last week's big losers. ExxonMobil was the biggest Dow loser two weeks ago, after shedding 1.97% of its value. This week the oil and gas company rose 1.01%, while fellow Dow energy play Chevron (NYSE:CVX) was the index's second biggest decliner, losing 2.68%.
The Dow's highest closing record is 22,118.42, set on August 7, 2017. Global growth and a weak dollar are boosting exports. Corporate earnings are higher than expected. Investors were also relieved when Federal Reserve Chair Janet Yellen promised that the Fed would raise interest rates slowly.