Updated from 10:15 a.m. ET, Tuesday, Aug. 8.
The Dow Jones Industrial Average hit a new intraday record on Tuesday, Aug. 8, as more gains in Apple Inc. (AAPL) shares gave relief to a record-breaking streak that has stretched nine days.
The Dow was up 0.06%, hitting a new intraday record of 22,130. The S&P 500 added 0.02%, and the Nasdaq gained 0.03%.
The Dow ended Monday, Aug. 7, with tiny gains that still pushed it to its ninth closing record in a row. The Dow was up 0.12%, securing a new record close of 22,118 on Monday. Like Monday, any gain on Tuesday will push the blue-chip index to records, potentially for the 10th day in a row.
At the beginning of its record run, the Dow managed to secure new records on the back of positive earnings from the likes of Apple, Boeing Co. (BA) and Caterpillar Inc. (CAT) . Small gains and general upward momentum have kept the record-breaking streak alive since then but with little energy.
Investors don't need to peg the exact top of the bull market, wrote James "Rev Shark" Deporre over on our premium site for investors, Real Money. "You don't need to be some genius market timer," he said. "You simply cut losses before they grow." Get his insights with a free trial subscription to Real Money.
Monday's gains marked the 35th time the Dow has ended at a records so far in 2017, a streak not seen since the 38 record closes in 2014. August looks like another month in the green for the Dow, its fifth monthly gain in a row and its ninth in the past 12 months.