The Dow Jones Industrial Average surged above 26000 for the first time Tuesday, but gave up those gains as shares of energy and chemical companies declined.

The blue-chip index crossed the latest 1000-point milestone soon after the opening bell and rose as much as 283 points, but it later turned lower. Still, the Dow’s march toward 26000 has been fast. It closed above 25000 seven trading sessions ago, heading toward the fastest leap to a new 1,000-point mark in its 120-year history.

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