Don’t miss the latest developments in business and finance.

Dow, S&P 500 set records again; investors confident in rally

Image
Reuters NEW YORK
Last Updated : May 16 2013 | 1:55 AM IST

NEW YORK (Reuters) - U.S. stocks rose on Wednesday, with the Dow and S&P 500 hitting new all-time highs in a broad market rally as the recent upward momentum persisted.

The Dow Jones industrial average rose 60.44 points, or 0.40 percent, to end unofficially at 15,275.69. The Standard & Poor's 500 Index gained 8.44 points, or 0.51 percent, to finish unofficially at 1,658.78. The Nasdaq Composite Index added 9.01 points, or 0.26 percent, to close unofficially at 3,471.62.

(Reporting by Angela Moon; Editing by Jan Paschal)

Also Read

First Published: May 16 2013 | 1:41 AM IST

Next Story