In 1.22pm trading in New York, the Dow traded 0.8 per cent higher, as did the Nasdaq Composite Index. In 1.07pm trading, the Standard & Poor's 500 Index gained 0.7 per cent. The Dow rose as high as a record 20,082.00 earlier in the session. Shares of Boeing rose to a record high after the plane maker offered a better-than-expected outlook on earnings. The UK's FTSE 100 Index rose 0.2 per cent, France's CAC 40 Index gained 1 per cent, while Germany's DAX Index rallied 1.8 per cent.

Source: New Zealand Herald January 25, 2017 19:45 UTC