While the Dow (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) are both about 5% below their all-time highs, two other major indices are hitting record numbers. In the following video, Motley Fool analysts Morgan Housel and Matt Koppenheffer discuss which indices these are, the broader trends that are driving the market to these highs, and what it should mean to investors.

Fool contributor Matt Koppenheffer owns shares of Microsoft. Fool contributor Morgan Housel has no positions in the stocks mentioned above. The Motley Fool owns shares of Microsoft. Motley Fool newsletter services recommend Cisco Systems and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.