(CNBC) — Stocks rose on Tuesday, led by financials, as investors remained unfazed by geopolitical tensions, while the Dow Jones industrial average kept marching toward 20,000.
At session highs, the blue-chips index came within 13 points of hitting the milestone mark, before closing 90 points higher, after hitting a new intraday high, with Goldman Sachs contributing the most gains. The Dow also ended within 50 points of 20,000.
“We have to put this move into perspective,” said Adam Sarhan, CEO at 50 Park Investments. “It’s not just about hitting 20,000. We’ve had a very strong rally since the election.” Since Nov. 8, the Dow has surged more than 8 percent and has posted 17 record closes.
