Tuesday, the Dow gained 172.15 points (0.68%) to finish at 25,411.52, the NASDAQ climbed 54.55 points (0.74%) to 7,402.08, and the S&P 500 closed 12.83 points (0.47%) higher at 2,737.70. The Russell 2000 was up 2.69 points (0.18%) at 1,520.23, and the Wilshire 5000 increased 129.78 points (0.46%) to 28,362.59.

The price of the 10-year Treasury note was up 6/32, decreasing its yield to 2.701%. The price of the 30-year Treasury bond increased 15/32, bringing its yield down to 3.032%.

ON THIS DATE: In 1788, Massachusetts became the sixth state to ratify the U.S. Constitution. In 1815, the state of New Jersey issued the first American railroad charter to John Stevens. In 1899, the Senate ratified a peace treaty between the U.S. and Spain. In 1933, the 20th Amendment to the Constitution was declared in effect. The amendment moved the start of presidential, vice-presidential and congressional terms from March to January. In 1937, K. Elizabeth Ohi became the first Japanese woman lawyer when she received her degree from John Marshall Law School in Chicago. In 1987, President Ronald Reagan turned 76 years old and became the oldest U.S. President in history. In 1998, Washington National Airport was renamed for former President Ronald Reagan with the signing of a bill by President Bill Clinton. In 2000, former First Lady Hillary Rodham Clinton formally declared that she was a candidate for a U.S. Senate seat from the state of New York.

WEDNESDAY WISDOM: “Rather fail with honor than succeed by fraud.”—Sophocles, Greek tragic playwright