US stocks advance to new highs

US stocks advanced broadly, lifting several measures further into record territory, as technology shares resumed their and interest…

US stocks advanced broadly, lifting several measures further into record territory, as technology shares resumed their and interest rates eased again in the bond market.

The Dow Jones industrial average rose 29.07 points, closing at a record 5,933.97. On Tuesday, the Dow finished above 5,900 for the first time, setting up for a run at 6,000 less than a year after breaking past 5,000.

Broad-market measures were positive, but faltered slightly in what was shaping up as the biggest rally in two weeks.

The Standard & Poor's 500-stock list rose to its third straight record close, and the New York Stock Exchange composite index notched its fifth consecutive high.

READ MORE

The Nasdaq composite index saw the biggest gains as several technology bellwethers sprang hack to life after several days of profit-taking. Stocks drew some lift from the bond market, where interest rates dipped to their lowest level since August.