The loonie has enjoyed some lift since the Bank of Canada rose its key benchmark interest rate almost three weeks ago, its first hike in close to seven years.
As of about 1 p.m. EDT, the Dow was trading at about 21,980 points.
Wireless company Sprint surged 10.8 percent after reporting first-quarter net income of $296 million, its first gain in three years. He said there are better opportunities in overseas markets, especially in Europe.
It took the Dow 154 calendar days to climb from 21,000 to 22,000, according to S&P Dow Jones Indices. The stock is up about 30 percent this year. We have seen analysis look towards the weakening of the USA dollar to be the next potential catalyst that will surely bring down the markets.
Oil prices were under pressure again too amid rising USA fuel inventories and as major world producers kept pumping, causing investors to worry that several weeks of steady gains had pushed the rally too far. "Historically, the period from August through October has seen stocks struggle and a period when corrections have tended to occur most often", Bruce Bittles, chief investment strategist at Baird, said in a note. That's how it is supposed to work, he adds.
Turkey coup trial: nearly 500 in court
Numerous suspects Tuesday face life in prison for crimes including murder and attempting to overthrow the government. Following the coup , the government instituted a strict state of emergency, granting itself wide-ranging powers.
Apple accidentally LEAKS design of iPhone 8
Troughton-Smith also notes that the iPhone 8 might support tap-to-wake feature just like other smartphones on the market. Developers claimed they had made the discoveries in firmware for an upcoming HomePod smart speaker.
Final Fantasy XV version 1.13 update now available
Square Enix continues its commitment to providing free content for all Final Fantasy XV players today with a new update. The new Cross Chain system allows heavy hits and defense breaks with additional chain links between you and the gang.
Higher revenues and profits at Apple helped trigger fresh buying in Tokyo as a range of Japanese companies supply components for the California-based firm's smartphone and other devices. That's because it makes their products more affordable when purchased with stronger currencies. The Federal Reserve official were also not sure of themselves, at least from the early FOMC meeting, over whether or the economy is strong enough to start a wind down of its debt hoard from the QE program.
And back home, the Australian share market closed higher on Tuesday: At the closing bell, The S&P/ASX 200 Index closed 52 points higher or 0.9 per cent up for the day at 5,772.
The prediction was far from what Trump said during the first presidential debate last September - that the market was a "big, fat, ugly bubble".
The closely followed index is trading up 0.3% on Wednesday, running its year-to-date gain to about 11.5% as traders have shrugged off the inability of President Donald Trump to pass any major pieces of legislation and have instead focused on earnings growth. Potential budgetary gridlock in coming months could also spook investors.
Turning to some additional metrics for SPDR Dow Jones Global Real Estate UCITS ETF (GBRE.L), we note that the shares now have a 50-day Moving Average of 27.81, the 200-day Moving Average is 28.25, and the 7-day is noted at 27.68.