Stocks end mixed, Dow reaches record closing high while Nasdaq drops as protests escalate in Washington

Stocks ended mixed on Wednesday as turmoil in Washington escalated.

[Click here to read what’s moving markets heading into Thursday, Jan 7]

The Dow added more than 400 points, or 1.4{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49}, to reach a record closing high, and the S&P 500 gained about 0.6{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49} as financials and materials stocks outperformed.