Dow reaches a new high on improving sentiment

The Dow Jones Industrial Average shook off early weakness Tuesday and pressed through to another record close on improving market sentiment. At the closing bell, the Dow was up 59.44 (0.41 percent) to 14,672.92. The broad-based S&P 500 jumped 5.46 (0.35 percent) to 1,568.53, while the tech-rich Nasdaq Composite Index added 15.61 (0.48 percent) to 3,237.86. Dan Greenhaus, chief global strategist at broker BTIG, said the market continued to recover after last week's weak jobs report. "While there's no news, it's part of that recovery from Friday's report," Greenhaus said.