This Tuesday, Oct. 25, 2016, file photo shows the New York Stock Exchange at sunset, in lower Manhattan. Stock markets around the world downshifted into neutral on Tuesday, Feb. 14, 2017, but U.S. indexes still managed all-time highs. THE ASSOCIATED PRESS

Closing bell: More all-time highs for major US indexes

Strong gains by bank stocks pushed major U.S. indexes to more all-time highs.


Banks rallied Tuesday as bond yields rose following comments from Federal Reserve Chair Janet Yellen. Yellen said the Fed was poised to continue raising interest rates, which would help banks earn more from lending money.


It was the sixth straight gain for the benchmark Standard & Poor's 500 index.


Goldman Sachs rose 1 percent to close at its own all-time high.


The S&P 500 climbed 9 points, or 0.4 percent, to 2,337.


The Dow Jones industrial average gained 92 points, or 0.5 percent, to 20,504. The Nasdaq composite increased 18 points, or 0.3 percent, to 5,782.


Bond prices fell. The yield on the 10-year Treasury note rose to 2.47 percent.

Dow Jones Industrials


High: 20,504.41


Low: 20,374.02


Close: 20,504.41


Change: +92.25



Other Indexes



Standard&Poors 500 Index: 2337.58 +9.33


NYSE Index: 11,468.88 +34.95


Nasdaq Composite Index: 5782.57 +18.61


NYSE MKT Composite: 2453.04 —9.83


Russell 2000 Index: 1396.65 +4.28


Wilshire 5000 TotalMkt: 24,458.93 +96.60





NYSE consolidated volume: 3,394,600,131


Total number of issues traded: 3,089


Issues higher in price: 1,556


Issues lower in price: 1,400


Issues unchanged: 133


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