How major U.S. stock indexes fared on Wednesday

The Dow Jones Industrial Average added 322.79 points, or 1.25 percent, to 26,115.65.

The Dow had traded above that level on Tuesday but wound up closing lower that day. Its surge Wednesday was driven in part by a gain in Boeing, which posted the biggest gain in the 30-company average. By afternoon, the market was in a mini panic attack, and stocks collapsed, turning the Dow's 283 point into a 100 point loss, before leveling off.

It took the index 23 trading days to get to 25,000 from the first time it closed above 24,000 on November 30.

Technology stocks were again some of the biggest winners. Boeing rose $18.85, or 4.7 percent, to $351.01.

The Dow rose 332 points, or 1.3 percent, to 26,115. The Standard & Poor's 500 rose 26 points, or 0.9%, to 2,802. The Nasdaq Composite Index was up 74.59 points, or 1.03 percent, to 7,298.28.

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As for the Wall Street impact, a shutdown could sap some of the momentum that helped drive the stock market to new highs this week, said J.J. Kinahan, chief market strategist at TD Ameritrade. Technology companies accounted for the biggest gains. Wyndham gained $5.60, or 4.8 percent, to $122.73. The Russell 2000 index of smaller-company stocks picked up 13.69 points, or 0.9 percent, to 1,586.66. It promised to create 20,000 new jobs and open a new campus.Apple' s stock closed 1.7 percent higher. At midday, each of the major indexes was up better than 0.5% with the blue chip index up nearly 200 points. The yield on 10-year government bonds reached 2.565%.

Goldman Sachs fell 1.9% after posting its first quarterly loss in six years on tax-related charges and a sharp drop in trading revenue.

Juno Therapeutics soared 50 percent after the Wall Street Journal reported that biotech drugmaker Celgene might buy it. Bank of America was down 0.2% percent after a $2.9 billion one-time tax charge almost halved its reported profit.

- The Dow, a price-weighted index, is up 4.2 percent since the January 4 close, and up 5.6 percent since December 31. Hong Kong's Hang Seng added 0.4 percent after China reported 6.9 percent economic growth in 2017, faster than expected.

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