The S&P 500 closed at its highest in more than four months on Thursday on signs of German support for the European Central Bank’s effort to fight the region’s debt crisis, and as Cisco Systems led gains in the tech sector after a dividend hike.
The Dow Jones industrial average rose 85.33 points, or 0.65 percent, to 13,250.11. The S&P 500 Index gained 9.99 points, or 0.71 percent, to 1,415.52. The Nasdaq Composite added 31.46 points, or 1.04 percent, to 3,062.39.
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