The Dow Jones hit a new intraday high on Wednesday morning, with shares of Lilly surpassing $1000.

In the early trading session on Wednesday, the Dow Jones Industrial Average hit a new intraday high, while the Nasdaq index fell. Investors rotated out of artificial intelligence leader Palantir, which dropped 4.1%, as they were optimistic about the end of the government shutdown. The stock price of Regeneron reached over $1000, setting a new all-time high.