Industrials like Caterpillar pushed the Dow higher, with Caterpillar hitting record highs as demand for construction equipment soared.
Eli Lilly's shares also climbed after a brighter profit outlook.
Meanwhile, the US economy grew by 2% early this year and jobless claims hit their lowest since 1969, a real throwback!
But inflation is still above 3% because of high energy prices, making things tricky for the Federal Reserve as it holds interest rates steady amid ongoing uncertainty.