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Dow, S&P 500 Climb To New Record Closing Highs

Dow, S&P 500 Climb To New Record Closing Highs WASHINGTON (dpa-AFX) - After initially showing a lack of direction, stocks moved mostly higher over the course of the trading session on Friday. With the upward move, the Dow and the S&P 500 reached new record closing highs, while the Nasdaq ended the day at its best closing level in almost two months. The major averages accelerated to the upside going into the close, ending the session near their best levels of the day. The Dow jumped 297.03 points or 0.9 percent to 33,800.60, the Nasdaq rose 70.88 points or 0.5 percent to 13,900.19 and the S&P 500 climbed 31.63 points or 0.8 percent to 4,128.80.

U S Stocks Close Higher As Fed Reiterates Interest Rates Will Remain Unchanged Through 2023

U.S. Stocks Close Higher As Fed Reiterates Interest Rates Will Remain Unchanged Through 2023 WASHINGTON (dpa-AFX) - Reflecting a positive reaction to the Federal Reserve s highly anticipated monetary policy announcement, U.S. stocks ended Wednesday s trading mostly higher. With the upward move, the Dow and the S&P 500 reached new record closing highs. The major averages all finished the day in positive territory, with the tech-heavy Nasdaq showing a significant rebound after moving sharply lower in early trading. After tumbling by as much as 1.5 percent, the Nasdaq ended the day up 53.64 points or 0.4 percent to 13,525.20. The Dow also advanced 189.42 points or 0.6 percent to 33,015.37 and the S&P 500 rose 11.41 points or 0.3 percent to 3,974.12.

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