S&P Logs 5-Day Rally, Dow Posts Fresh High

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

By: JeeYeon Park

CNBC.com Writer

 

Stocks finished near session highs across the board Wednesday, boosted by financials and materials, with the Dow and S&P 500 logging fresh closing highs.

 

The Dow Jones Industrial Average climbed 48.92 points, to finish at 15,105.12, led by UnitedHealth and Hewlett-Packard, after closing above 15,000 for the first-time ever in the previous session.

The S&P 500 rose 6.72 points, to end at 1,632.68. The Nasdaq advanced 16.64 points, to close at 3,413.27. Both indexes finished higher for the fifth-straight session.

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