Dow Jones shatters previous record high by several hundred points

NEW YORK, New York - U.S. industrial stocks roared on Tuesday with the Dow Jones surging after hitting a new record high just a day earlier. That record was easily topped Tuesday by several hundred points.

"This rotation underscores the likelihood of interest rate cuts as early as September," Greg Bassuk, CEO at AXS Investments in New York told Reuters news agency Tuesday. "Small cap companies are among the best-