US stocks rose for a third day last night to push the Dow average to yet another record high.
The Dow Jones industrial average rose 23.15 points, or 0.18 per cent, to end at 12,765.01, its 29th record close since the beginning of October 2006.
The Standard & Poor's 500 Index edged up 1.51 points, or 0.10 per cent, to finish at 1,456.81 - a six-year high. The Nasdaq Composite Index gained 8.72 points, or 0.35 per cent, to close at 2,497.10.
The Dow also rose to an intraday record high of 12,779.03.
The biggest contributor to the Dow's advance was Boeing, whose stock gained 2 per cent after it confirmed an order for 27 of its 767-300 freighters from United Parcel Service.
Federal Reserve Chairman Ben Bernanke, in his second day of congressional testimony, told legislators that economic growth could be stronger than perceived.
The market rallied on Wednesday after Mr Bernanke said inflation is poised to ease while the economy grows moderately.