Agence France-PresseMay 14, 2013 18:30
US stocks Tuesday surged to new all-time closing highs on renewed optimism after a prominent hedge fund manager said the stock rally of 2013 still has more room to go.
The Dow Jones Industrial Average rose 123.57 (0.82 percent) to a record 15,215.25.
The broad-based S&P 500, also reaching a new high, added 16.57 (1.01 percent) at 1,650.36.
The tech-rich Nasdaq Composite Index increased 23.82 (0.69 percent) to 3,462.61.