Tuesday, the Dow gained 39.18 points (0.16%) to finish at 24,640.45, the NASDAQ closed 31.55 points (0.45%) higher at 7,013.51, and the S&P 500 increased 6.94 points (0.26%) to 2,662.94. The Russell 2000 was up 3.97 points (0.27%) at 1,494.95, and the Wilshire 5000 climbed 81.15 points (0.29%) to 27,607.76.

The price of the 10-year Treasury note was up 8/32, decreasing its yield to 2.832%. The price of the 30-year Treasury bond increased 17/32, bringing its yield down to 3.117%.

ON THIS DATE: In 1803, Moses Coates received a patent for the apple parer. In 1849, the first photograph of a U.S. President, while in office, was taken by Matthew Brady in New York City. President James Polk was the subject of the picture. In 1859, Oregon became the 33rd member of the Union. In 1876, Alexander Graham Bell filed an application for a patent for the telephone. In 1899, Congress approved voting machines for use in federal elections. In 1903, the U.S. Department of Commerce and Labor was established. In 1912, Arizona was admitted as the 48th U.S. state. In 1920, the League of Women Voters was founded in Chicago. The first president of the organization was Maude Wood Park. In 1929, The “St. Valentine’s Day Massacre” took place in Chicago. Seven gangsters who were rivals of Al Capone were killed. In 1932, the U.S. won the first bobsled competition at the Winter Olympic Games at Lake Placid, New York. In 1946, ENIAC (Electronic Numerical Integrator and Computer) was unveiled. The device, built at the University of Pennsylvania, was the world’s first general purpose electronic computer. In 1966, Wilt Chamberlain of the Philadelphia 76ers set a National Basketball Association (NBA) record as he reached a career high of 20,884 points after seven seasons. In 1980, Walter Cronkite announced his retirement from the “CBS Evening News.” In 2005, the video-sharing website YouTube was activated.

WEDNESDAY WISDOM: “Treasure your relationships, not your possessions.”—Anthony J. D’Angelo, American author