Dow Tops All-Time High
Midnight Trader | Mar 05, 2013 04:39PM ET
Stocks closed Tuesday's session on a high note, fueled by renewed optimism in the global economy and a round of strong corporate news. The market rally lifted the Dow to a new record high of 14,286.37, pushing through levels not seen since 2007. The S&P 500 added 15 points, trading at its highest level in five years and flirting with a record closing high of 1,543.47 set in October 2007. At 3,224.13, the Nasdaq is trading at its highest level since November 2000, but is well below its all-time highs set in March that year. Favorable manufacturing and housing data also lent support to the market run-up.
The advance also was supported by strength in tech stocks as Qualcomm Inc. (Midnight Trader .
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