The Dow Jones Industrial Average soared to a record closing high on Tuesday, breaking through levels last seen in 2007 and as investors rushed in to join the party in anticipation of more gains.

Based on the latest available data, the Dow Jones industrial average shot up 126.18 points, or 0.89 percent, to end unofficially at 14,253.92. The Standard & Poor's 500 Index rose 14.60 points, or 0.96 percent, to finish unofficially at 1,539.80. The Nasdaq Composite Index was jumped 42.10 points, or 1.32 percent, to close unofficially at 3,224.13.

(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)