A blistering cross-asset rally drove the Dow Jones Industrial Average to close at an all-time high for the first time since December as the staid blue-chip gauge finally caught up to the riskier corners of the stock market.

The Dow Jones Industrial Average was on track for its first record close since December on Friday after Federal Reserve Chair Jerome Powell opened the door to a September rate cut, sparking a broad stock-market rally.

If the S&P 500 breaks below 6,200, that's a sign the stock market may be headed for a more serious decline, Bank of America said.

Berkshire Hathaway and the Dow Jones Industrial Average have some overlap on stocks that are held in both investment portfolios.

US Stock Market Today slipped into caution on Thursday as the Dow Jones fell 230 points, the S&P 500 marked its fifth straight loss, and the Nasdaq ended slightly weaker. The days biggest shock came from Walmart earnings,

The Dow Jones Industrial Average is outpacing the other indexes on Tuesday, potentially on its way to a new record. The Dow was trading at 45,176.19, up about 0.6% on Tuesday. Part of this bump was due to the jump in shares from Home Depot.

Dow ETFs vary widely, giving investors choices between stability, income generation or leverage keyed to the index.

Some of the highest-yielding stocks in the Dow Jones Industrial Average index look like smart buys for income-seeking investors.

Stock futures are pointing to a slightly lower open for major indexes on Wednesday as investors respond to a slew of earnings reports from retailers and brace for a big speech later in the week by Federal Reserve Chair Jerome Powell.