The Dow and the S&P 500 closed
at record highs on Thursday after Morgan Stanley and others reported
better-than-expected earnings and Federal Reserve Chairman Ben Bernanke’s
comments further reassured markets.
The Dow Jones industrial
average rose 78.02 points, or 0.50 percent, to end at 15,548.54, a record high.
The Standard & Poor’s 500 Index gained 8.46 points, or 0.50 percent, to a
record close of 1,689.37. The Nasdaq Composite Index added 1.28
points, or 0.04 percent, to 3,611.28.
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