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Major Averages Climb To New Record Closing Highs - U.S. Commentary

From rttnews.com

Following the mixed performance seen in the previous session, stocks moved mostly higher during trading on Wednesday. With the upward move on the day, all three major averages reached new record closing highs. The major averages finished the day firmly in positive territory. The Dow rose 66.02 points or 0.3 percent to 21,640.75, the Nasdaq advanced 40.74 points or 0.6 percent to 6,385.04 and the S&P 500 climbed 13.22 points or 0.5 percent to 2,473.83. Buying interest was generated in reaction to a report from the Commerce Department showing a bigger than expected rebound in housing starts in the month of June. The ... (full story)

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