Dow Closes in on 17,000 Milestone, S&P 500 and Nasdaq Reach New Highs

TheStreet

U.S. markets welcomed the second half of the year with a strong start. The Dow Jones Industrials reached a new intraday high but just shy of the 17,000 milestone. The S&P 500 set another record close and Nasdaq also jumped, hitting a 14-year high. GoPro (GPRO) was a big mover in today's rally. The sports-video maker is extending gains since it first IPO'd last week. Shares of the stock have doubled. Auto sales out today showed new car and truck sales were stronger than expected. But investors weren't happy with Ford (F), pushing the stock to close lower. But General Motors closed higher today. Shares were up 3.5 percent today. TheStreet's Susannah Lee reports from Wall Street