The Dow Jones industrial average yesterday swept past 8,000 as a flood of more good news on company profits, inflation and interest rates whipped investors into another buying frenzy. The Dow rose by about 63 points to nearly 8,039 despite a steep sell-off in the shares of Eastman Kodak, which slid after a disappointing earnings report.

Aside from Kodak, though, the second-quarter profit picture grew even brighter with better-than-expected results from General Motors, Ford Motor, Time Warner, American Airlines parent AMR, Lucent Technologies, and Travelers Group.

But the biggest earnings news came late yesterday from Intel, whose better-than-expected results energized the technology sector today and boosted the Nasdaq composite index to its 10th straight record high.

Other popular market measures also pushed further into record territory as interest rates sank to their lowest level since December in the bond market.