Stocks climbed further into the black Wednesday as better-than-expected earnings boosted investor sentiment and sent major indexes back up toward record levels.
Energy stocks led the pack again as oil prices rose for a fourth straight day with benchmark U.S. crude surging nearly 6% to close at $56.39 a barrel in New York.
The Standard & Poor's 500 index gained 10.79 points, or 0.5%, to 2106.63. The broad-based index rose as high as 2111.91 earlier in the session, coming within 6 points of ts record close of 2117.39 set March 2.
The Dow Jones industrial average rose 75.91 points, or 0.4%, to 18,112.61.
The Nasdaq composite index jumped back above the 5000 mark as it rose 33.73 points, or 0.7%, to close at 5011.02. The tech-heavy index is about 15 points away from its 2015 closing high of 5026.42 and is 37 points from its all-time closing high of 5048.62 set on March 10, 2000.
Earlier in the day, market watchers were buzzing about a stunning protest at an ECB press conference before the U.S. market open. In Frankfurt, a protester interrupted the European Central Bank's press conference screaming "End ECB dictatorship." (Source:Usatoday.com)
Energy stocks led the pack again as oil prices rose for a fourth straight day with benchmark U.S. crude surging nearly 6% to close at $56.39 a barrel in New York.
The Standard & Poor's 500 index gained 10.79 points, or 0.5%, to 2106.63. The broad-based index rose as high as 2111.91 earlier in the session, coming within 6 points of ts record close of 2117.39 set March 2.
The Dow Jones industrial average rose 75.91 points, or 0.4%, to 18,112.61.
The Nasdaq composite index jumped back above the 5000 mark as it rose 33.73 points, or 0.7%, to close at 5011.02. The tech-heavy index is about 15 points away from its 2015 closing high of 5026.42 and is 37 points from its all-time closing high of 5048.62 set on March 10, 2000.
Earlier in the day, market watchers were buzzing about a stunning protest at an ECB press conference before the U.S. market open. In Frankfurt, a protester interrupted the European Central Bank's press conference screaming "End ECB dictatorship." (Source:Usatoday.com)
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