By: JeeYeon Park | CNBC.com Writer
Stocks roared higher to finish near their
best levels Thursday, with the Dow and S&P 500 closing at record
highs, boosted by dovish comments from Fed Chairman Ben Bernanke.
The Dow Jones Industrial Average shot up 169.26 points, or 1.11 percent, to close at a new all-time high of 15460.92. All 30 Dow components finished higher, led by Intel and Microsoft.
The blue-chip index's point gain for 2013 is already greater than any year on record.
The S&P 500 soared 22.40 points, or 1.36 percent, to finish at 1,675.02, logging its sixth-consecutive rally and also setting a new closing high. The index is now on pace for its biggest weekly gain since January.
The Nasdaq jumped 57.55 points, or 1.63 percent, to end at 3,578.30, posting its best close since 2000. And the Russell 2000 index hit a new all-time high for the fourth-straight session.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, slid near 14.
The Dow Jones Industrial Average shot up 169.26 points, or 1.11 percent, to close at a new all-time high of 15460.92. All 30 Dow components finished higher, led by Intel and Microsoft.
The blue-chip index's point gain for 2013 is already greater than any year on record.
The S&P 500 soared 22.40 points, or 1.36 percent, to finish at 1,675.02, logging its sixth-consecutive rally and also setting a new closing high. The index is now on pace for its biggest weekly gain since January.
The Nasdaq jumped 57.55 points, or 1.63 percent, to end at 3,578.30, posting its best close since 2000. And the Russell 2000 index hit a new all-time high for the fourth-straight session.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, slid near 14.
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