US Stock Rally Lifts Dow to First Close Above 26,000 Points<br />Goldman said it lost $1.93 billion in the fourth quarter as the investment bank<br />had to record more than $4 billion in charges related to the new tax law.<br />Industrial stocks rose after the Federal Reserve said U. S. industrial production increased 0.9 percent in December.<br />A broad rally on Wall Street propelled the Dow Jones industrial average to close above 26,000 points for the first time Wednesday.<br />The S&P 500 index rose 26.14 points, or 0.9 percent, to 2,802.56.<br />Bank of America’s fourth-quarter profits fell by nearly half from a year ago, as the bank had to book $2.9 billion in charges related to the tax law.
