Stocks have been rising sharply this year as the U.S. economy improves, companies report bigger profits and the Federal Reserve keeps up its easy-money policies.
The Dow Jones industrial average crossed 15,000 for the first time, and the Standard and Poor’s 500 index, a broader market measure, rose above 1,600.
Trading resumed on the New York Stock Exchange Wednesday after being closed for two days because of Hurricane Sandy. New York Mayor Michael Bloomberg ran the opening bell.
A late afternoon rally pushed the stock market higher for only the second day this month.