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NEW YORK – The Dow Jones industrial average is closing at an all-time high.

A gain of 45 points today left the Dow at 16,580, four points above the record high it set Dec. 31.

The Dow hadn’t been in the black for 2014 until today.

The Standard & Poor’s 500 index increased five points, or 0.3 percent, to 1,883. The index is seven points below that market’s record high set April 2.

The Nasdaq composite rose 11 points, or 0.3 percent, to 4,114.