Stocks Rally to Record Highs
Published at
Hemera/Thinkstock(NEW YORK) — U.S. markets Wednesday closed in record territory again.
The S&P 500 soared into record territory, calling it a session up 19.12 points, or 1.2 percent, at 1,587.73. The Dow Jones Industrial Average gained 128.78 points for the day — its third gain in a row — to close at 14,802.24. The Nasdaq Composite closed up 59.40 points, closing at 3,297.25, thanks to a surge in tech stocks.
The House Intelligence Committee, meanwhile, is finalizing legislation that would give the federal government an unprecedented role in helping banks, manufacturers and other businesses protect against cyber attacks. The committee’s approval would pave the way for a floor vote next week.
Copyright 2013 ABC News Radio