The Dow and the S&P 500 closed at record highs on
Thursday after Morgan Stanley and others reported better-than-expected earnings
and Federal Reserve Chairman Ben Bernanke’s comments further reassured markets.
The Dow Jones industrial average rose 78.02 points, or 0.50 percent,
to end at 15,548.54, a record high. The Standard & Poor’s 500 Index gained
8.46 points, or 0.50 percent, to a record close of 1,689.37.
The Nasdaq Composite Index added 1.28 points, or 0.04 percent, to
3,611.28.
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