Dow at record close over 14,000
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U.S. stocks rose on Thursday, driving the Dow to its first close over the 14,000 mark, after forecast-topping results from the technology and industrial sectors shifted the market's focus back to earnings optimism, even as Fed Chief Ben Bernanke fanned concerns about the subprime market.
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Sterling punched to a 14-year high against a broadly weaker dollar on Thursday, while expectations that world growth will stay strong despite a slower U.S. economy lifted global stock indexes to fresh record highs.
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Stocks surged Wednesday afternoon, with the Dow Jones industrial average closing at its highest point ever, the S&P 500 hitting a 5-1/2 year high and the Nasdaq composite rising more than 2 percent.
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The Dow Jones industrial average jumped 123 points to a second straight record close on Wednesday in a rally driven by optimism about the outlook for interest rates and profits.
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Traders erupted into boisterous cheers on the floor of the New York Stock Exchange Thursday as the market soared and the Dow Jones industrials catapulted to a new record close, an achievement that took on particular significance considering Wall Street's position just a year ago.
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NEW YORK, Oct. 4 -- Wall Street rose even higher Wednesday, propelling the Dow Jones industrial average to its second straight record close.
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U.S. stocks edged higher on Wednesday,   putting the Dow Jones industrial average within view of its   all-time closing high after data showing an unexpected rise in   August new home sales.
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The Dow Jones industrial average closed at its highest level ever Tuesday, and also made a new trading high, knocking out records from more than 6-1/2 years ago, thanks to a nearly 4 percent slide in oil prices.
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The Dow Jones Industrial Average index hits an all-time closing high, marking a record for the third day in a row.
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Stocks rallied Wednesday, pushing the Dow Jones industrial average to a record close, after investors cheered comments on the economy and inflation from Federal Reserve Chairman Ben Bernanke.
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The Dow Jones industrial average climbed above 14,000 for the first time today before giving up much of its gains late in the trading session.
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Business & money: Strong earnings from corporate America sent Wall Street's yardstick of blue-chip stocks through the 14,000 level for the first time yesterday.
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The Dow soared about 280 points to a record close Thursday, posting its biggest gain in nearly 5 years, on a flurry of takeover activity and some upbeat retail sales numbers.
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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.
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U.S. stocks surged on Thursday, with the Dow hitting a record on its biggest point gain since 2002, after healthy retail sales reassured investors about consumer spending and a $38 billion mining takeover fed expectations for more deals.
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U.S. stocks rallied on Thursday, sending the Dow Jones industrial average to a record close, as strong profits from such companies as Bear Stearns Cos. boosted optimism about the economy.
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The Dow Jones industrial average surged to a new record on Tuesday, broke it on Wednesday and edged even higher on Thursday.