STEVE INSKEEP, Host: NPR's Jim Zarroli explains why stocks have been rising.</s>JIM ZARROLI: Al Goldman is chief market strategist at AG Edwards. He says the market has been a on tear lately.</s>AL GOLDMAN: From the lows in July, the Dow was up 10 percent. The NASDAQ is up 12.94 percent. And the S 500 is up 9.45 percent. Those are good yearly advances, yet we did it in about two and a half months.</s>JIM ZARROLI: Jim Zarroli, NPR News, New York.
The Dow Jones Industrial Average has broken the record high it set more than six years ago. The world's most famous stock index closed Tuesday at an all-time high of 11,727.