(CNBC) — The Dow Jones industrial average rose on Wednesday after tech giant IBM reported better-than-expected quarterly results.
The Dow also crossed above 23,000 again on Wednesday. The index first broke above 23,000 on Tuesday, but closed just below the mark. The Dow traded above 23,000 just 76 days after first breaking above 22,000.
"Ultimately, this is just a psychological factor," said Jeff Carbone, managing partner of Cornerstone Financial Partners. But "what it does is bring up the question of how much higher can we go?"
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