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Wall Street jumps; Dow and S&P end at new highs

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Reuters NEW YORK

NEW YORK (Reuters) - The S&P 500 and Dow industrials closed at record highs on Thursday, a day after Federal Reserve Chairman Ben Bernanke reasserted that monetary policy will remain accommodative for some time.

The Nasdaq ended at its highest close since October 2000.

The Dow Jones industrial average rose 169.72 points or 1.11 percent, to 15,461.38, the S&P 500 gained 22.46 points or 1.36 percent, to 1,675.08 and the Nasdaq Composite added 57.55 points or 1.63 percent, to 3,578.3.

(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)

 

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First Published: Jul 12 2013 | 1:40 AM IST

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