Stocks Close at All-Time High

It’s all part of Recovery Summer. Stocks closed today at a record high moving the S&P 500 above the 1,700 mark for the first time and continuing the bullish summer on Wall Street. The Dow Jones Industrial Average jumped more than 100 points to a record 15,650.69. The historic numbers are a reaction to good jobs numbers and economic data as well as a decision from the Fed yesterday to continue its bond-buying program. So far this year, the Dow and S&P 500 have spiked more than 19 percent and the Nasdaq 21 percent.