Dow Ends Above 14,300 for First Time Ahead of Jobs Report; S&P 500, Nasdaq Hit Multi-Year Highs

by JeeYeon Park,  |  published on March 9, 2013


Stocks finished higher Thursday, with the Dow posting fresh all-time highs for the third-straight day, following an upbeat weekly jobless claims report and ahead of the widely-watched monthly government jobs data.

For the week so far, all three major averages are up more than 1 percent across the board and the S&P 500 and Nasdaq are on pace for their biggest weekly gains in nine weeks.

The Dow Jones Industrial Average gained 33.25 points to end at 14,329.49, led by Boeing and Bank of America.

The S&P 500 rose 2.80 points to close at 1,544.26, while the Nasdaq added 9.72 points to finish at 3,232.09. Both indexes finished at fresh multi-year highs.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, slid near 13.

Among key S&P sectors, financials and techs led, while utilitiesedged lower.

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