Ye Haw!
Dow, S&P 500 and Russell 2000 end at record highs, Nasdaq at new 6-year high as investors hail Fed minutes, shake off worries about Chinese stocks.
NEW YORK (CNNMoney.com) -- Stocks rallied Wednesday, with the Dow industrials and the S&P 500 closing at
new all-time highs, as investors found momentum at the end of a tumultuous session on Wall Street.
The Dow Jones industrial average (up 111.74 to 13,633.08,
Charts) gained 0.8 percent and closed at a
record high at 13,633.08; the blue-chip average also hit a new intraday record of 13,636.09 shortly before the close.
The broader S&P 500 index (up 12.12 to 1,530.23,
Charts) added 0.8 percent and closed at an
all-time high at 1,530.23, taking out its previous
closing high of 1,527.46 from March 24, 2000. That level would prove to be the top of the bull market sparked by the late 1990s tech rally.
The Nasdaq composite (up 20.53 to 2,592.59,
Charts) gained 0.8 percent and closed at a fresh
6-year high.
The Russell 2000 (up 5.82 to 843.35,
Charts) small-cap index gained 0.7 percent and ended at an
all-time high of 843.35.
Edited by Rogerdodger, 30 May 2007 - 08:26 PM.