Dow hits record high, Wal-Mart shares gain

NEW YORK (Reuters) - The Dow Jones industrial average hit a record closing high on Tuesday, helped by a surge in Wal-Mart Stores , while Amazon and Facebook lost ground and investors focussed on upcoming quarterly reports.

Based on the latest available data, the Dow Jones industrial average <.DJI> rose 69.61 points, or 0.31 percent, to 22,830.68, the S&P 500 <.SPX> gained 5.91 points, or 0.23 percent, to 2,550.64 and the Nasdaq Composite <.IXIC> added 7.52 points, or 0.11 percent, to 6,587.25.

(Reporting by Caroline Valetkevitch; Editing by Chris Reese)