The Dow and S&P 500 hit record closing highs on Thursday,
with the S&P 500 topping 1,700 after strong data on factory growth and as
major central banks said they would keep monetary stimulus in place. Stocks
were broadly higher, with all 10 S&P 500 sectors in the black.
Growth-sensitive financials, industrials and consumer discretionary shares
registered the biggest gains. The Dow transportation average rose 3.2 percent,
also at a new closing high.
Google shares, up 1.9
percent at $904.22, and Apple, up 0.9 percent at $456.67, were among companies
giving the biggest boost to the S&P 500, along with financials. JPMorgan
Chase shares gained 1.5 percent to $56.54 while Bank of America was up 2.4
percent at $14.95.
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