The major stock indexes closed at multi-year highs on Tuesday, with a late spark coming from JPMorgan after the bank announced it will raise its dividend and repurchase stock.
The Dow Jones industrial average <.DJI> added 217.97 points, or 1.68 percent, to end unofficially at 13,177.68. The S&P 500 Index <.SPX> gained 24.87 points, or 1.81 percent, to 1,395.96. The Nasdaq Composite <.IXIC> rose 56.22 points, or 1.88 percent, to 3,039.88.
The Dow closed at its highest level since December 31, 2007, while the S&P 500 posted its best close since June 5, 2008, and the Nasdaq Composite rose to its highest close since November 15, 2000.
(Reporting by Rodrigo Campos; Editing by Jan Paschal)