Dow posting a new high 14,559.65 Up 111.90(0.77%)

 

 

 

 

 

By: JeeYeon Park CNBC.com Writer

                

Stocks ended near their best levels Tuesday, with the Dow posting a new high and S&P 500 finishing less than 2 points from its closing peak.

Stocks moved higher on a handful of encouraging economic reports that pointed to an improving economy and as investors seemed to temporarily overlook worries in the euro zone.

 

 

The Dow Jones Industrial Average soared 111.90 points, or 0.77 percent, to close at 14,559.65, led by Intel and Hewlett-Packard. The blue-chip index posted a new record close.

The S&P 500 jumped 12.08 points, or 0.78 percent, to finish at 1,563.77, less than two points from its closing high from 2007. The Nasdaq gained 17.18 points, or 0.53 percent, to end at 3,252.48.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, ended below 13.