Dow Tops 18000 on US Economy

U.S. stocks rose on Tuesday, with the Dow Jones Industrial Average rallying past 18,000 for the first time, after an unexpectedly strong report on economic growth. The Dow Jones Industrial Average added 64.73 points, or 0.36%, to 18,024.17. The S&P 500 gained 3.63 points, or 0.17%, to 2,082.17. The Nasdaq Composite was down 16.00 points, or 0.33%, at 4,765.42.

Healthcare spending rose a revised 4.6% on an annualized basis in the third quarter when compared to the second quarter, which recorded a 4% rise when compared with the first, a sign consumers may have started spending more for healthcare.

Coca-Cola Co plans to cut 1,000-2,000 jobs globally in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter.

Keurig Green Mountain Inc. on Tuesday recalled more than 7 million of its single-serve brewing machines after finding that water can overheat and spray out at users.