Dow Jones is setting a new high intraday record, as investors reacted positively to the results of Citigroup, which was better than expected, as well as the increase in acquisitions.

“It’s really a S & P type market where heavy U.S. stocks, where most investors find refuge like McDonald ‘s, Altria and IBM, will not show the worst sales and investors feel comfortable, as in good or bad times hanging with these companies, “said the vice president and portfolio manager at Kingsview Asset Mr. Paul Nolte.

Dow has made profit of 111 points or 0.66% to 17,055 points, the S & P 500 strengthened 0.48% to 1,977 points, while the Nasdaq recorded 0.56% to 4,440 points.

The fear index (VIX) fell 0.26 points or 2.2% to 11.82 while for each share of NYSE that was falling two were going upwards.