The two major stock indices closed at record highs Friday for the third straight day, marking six weeks of gains amid indications that the Federal Reserve will continue its stimulus policies.
The Dow Jones Industrial Average closed at 15961.70, up 85.48 points or 0.54%. The S&P 500 was up 7.56 points, or 0.42%, to 1798.18.
Janet Yellen, the nominee to be the next Fed Chairman, said in a Senate confirmation hearing Thursday that she would continue the stimulus until the economy improves further.
[CNBC]