The party on Wall Street continues.
The Dow rose as much as 334 points, or 0.7%, Wednesday morning, briefly pushing the blue-chip index above the 48,000 mark for the first time in history.
The broader S&P 500 and tech-heavy Nasdaq Composite also hit intraday record highs.
“The stock market is getting everything it wants, from a Federal Reserve rate cut to a thawing of US-China trade tensions to continued strength in earnings,” Paul Stanley, chief investment officer at Granite Bay Wealth Management, said in an email.
Stocks continue to climb higher, buoyed by better-than-expected corporate earnings.
“So far, we’ve seen very good reports by and large from corporate America this…