By: JeeYeon Park CNBC.com Writer
Stocks soared broadly across the board to
finish near session highs Wednesday, propelling the Dow and S&P 500
to new record levels, boosted by strong gains in techs.
With the day's robust rally, all three major averages logged their best three-day rally of 2013 and are now in the black for the month.
The Dow Jones Industrial Average rallied 128.78 points, or 0.88 percent, to finish at 14,802.24, propelled by Merck and Pfizer.
The S&P 500 jumped 19.12 points, or 1.22 percent, to close at 1,587.73, breaking above its previous all-time high of 1,576.09 set in October 2007.
The Nasdaq surged 59.40 points, or 1.83 percent, to end at 3,297.25, finishing at a 12-year high.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, dipped below 13.
With the day's robust rally, all three major averages logged their best three-day rally of 2013 and are now in the black for the month.
The Dow Jones Industrial Average rallied 128.78 points, or 0.88 percent, to finish at 14,802.24, propelled by Merck and Pfizer.
The S&P 500 jumped 19.12 points, or 1.22 percent, to close at 1,587.73, breaking above its previous all-time high of 1,576.09 set in October 2007.
The Nasdaq surged 59.40 points, or 1.83 percent, to end at 3,297.25, finishing at a 12-year high.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, dipped below 13.
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