Strong earnings from tech giants nudged the stock market to a five-year high Wednesday. Investors drew encouragement from a vote by the House of Representatives to let the government keep paying all of its bills for another four months.
The Dow Jones industrial average closed at its highest level since Oct. 31, 2007, a month before the Great Recession started.
The Dow rose 67.12 points, or 0.5 percent, to close at 13,779.33.
The Standard & Poor’s 500 index rose 2.25 points, or 0.2 percent, to 1,494.81.
The Nasdaq composite rose 10.49 points, or 0.3 percent, to 3,153.67.
For the week:
The Dow is up 129.63, or 0.9 percent.
The S&P 500 is up 8.83, or 0.6 percent.
The Nasdaq is up 18.96, or 0.6 percent.
For the year:
The Dow is up 675.19, or 5.2 percent.
The S&P 500 is up 68.62, or 4.8 percent.
The Nasdaq is up 134.16, or 4.4 percent.