Written by Associated Press
Stocks marched to more record highs on Wall Street, powered by gains in technology and health care companies.
Drugmaker Vertex Pharmaceuticals surged 21 percent Wednesday following positive results from potential treatments for cystic fibrosis.
Tech stocks continued to recover, and the technology component of the Standard & Poor’s 500 index broke the record high it reached in 2000 during the dot-com bubble.
Scripps Networks jumped 14.7 percent and Discovery Communications rose 4.3 percent following a report that they could combine.
The S&P 500 rose 13 points, or 0.5 percent, to 2,473.
The Dow Jones industrial average climbed 66 points, or 0.3 percent, to 21,640. The Nasdaq composite gained 40 points, or 0.6 percent, to 6,385.
The Dow, S&P 500 and Nasdaq composite all closed at record highs.