Thursday, May 23, 2013

Wall Street advances as Home Depot, JPMorgan buoy Dow

NEW YORK (Reuters) - U.S. stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as comments from Federal Reserve officials eased some concerns that the central bank could start reducing its stimulus program.

The Dow Jones industrial average <.dji> gained 52.30 points, or 0.35 percent, to end unofficially at a record 15,387.58. The Standard & Poor's 500 Index <.spx> added 2.87 points, or 0.17 percent, to finish unofficially at a record 1,669.16. The Nasdaq Composite Index <.ixic> rose 5.69 points, or 0.16 percent, to close unofficially at 3,502.12.

(Reporting by Ryan Vlastelica; Editing by Jan Paschal)

Source: http://news.yahoo.com/stock-futures-little-changed-market-drifts-near-record-115446486.html

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