By: JeeYeon Park | CNBC.com Stock Market Writer
Stocks closed at session highs Wednesday,
with the Dow up 200 points and S&P within 1 percent of hitting its
record, after Senate leaders announced a long-awaited compromise to
raise the debt ceiling and put an end to the government shutdown.
The Dow Jones Industrial Average shot up 205.82 points, or 1.36 percent, to end at 15,373.83, boosted by Goldman Sachs and JPMorgan.
The S&P 500 jumped 23.48 points, or 1.38 percent, to close at 1,721.54. The S&P 500 is less than 1 percent away from its record high of 1,729.86 reached on Sept. 19.
And the Nasdaq rallied 45.42 points, or 1.20 percent, to finish at 3,839.43.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, tumbled near 15.
The Dow Jones Industrial Average shot up 205.82 points, or 1.36 percent, to end at 15,373.83, boosted by Goldman Sachs and JPMorgan.
The S&P 500 jumped 23.48 points, or 1.38 percent, to close at 1,721.54. The S&P 500 is less than 1 percent away from its record high of 1,729.86 reached on Sept. 19.
And the Nasdaq rallied 45.42 points, or 1.20 percent, to finish at 3,839.43.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, tumbled near 15.
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