<p>The Dow Jones Industrial Average scaled an intraday record high on Friday, playing catch-up with two other main US indexes in recent broad-based market gains.</p>.<p>The blue-chip 30-stock index was up 0.9 per cent at 40,094.54 points, surpassing its previous intraday all-time high of 40,077.40 points hit in late May.</p>.TCS shares climb nearly 7% after earnings announcement; market valuation jumps over Rs 94,000 cr.<p>So far this year, the Dow has risen 6.4 per cent, underperforming the broader SP 500 and the tech-heavy Nasdaq Composite, which have advanced 18.2 per cent and 23.1 per cent, respectively, over the same period.</p>.<p>Growth stocks, powered by technology and semiconductors, have led the market higher in 2024, while the more value-oriented Dow has struggled to keep up.</p>
<p>The Dow Jones Industrial Average scaled an intraday record high on Friday, playing catch-up with two other main US indexes in recent broad-based market gains.</p>.<p>The blue-chip 30-stock index was up 0.9 per cent at 40,094.54 points, surpassing its previous intraday all-time high of 40,077.40 points hit in late May.</p>.TCS shares climb nearly 7% after earnings announcement; market valuation jumps over Rs 94,000 cr.<p>So far this year, the Dow has risen 6.4 per cent, underperforming the broader SP 500 and the tech-heavy Nasdaq Composite, which have advanced 18.2 per cent and 23.1 per cent, respectively, over the same period.</p>.<p>Growth stocks, powered by technology and semiconductors, have led the market higher in 2024, while the more value-oriented Dow has struggled to keep up.</p>