Dow 10,000 arrives, highest close in a year

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Better-than-expected results from a couple of Dow components Wednesday allowed the blue-chip index to surpass the psychologically key 10,000 level for the first time in a year.

The Dow Jones Industrial Average ($INDU) soared 145 points, or 1.5 percent, to close at 10,016, while the broader S&P 500 ($INX) jumped 19 points, or 1.8 percent, to 1,092. The tech-heavy Nasdaq Composite ($COMPX) popped 32 points, or 1.5 percent, to finish at 2,172.
Dow components Intel (INTC) and JPMorgan Chase (JPM) helped set the tone early. Intel offered strong fourth-quarter guidance, while JPMorgan exceeded Street estimates by a wide margin. Intel added 1.7 percent on the session and JPMorgan rose 3.3 percent.

For more on stocks making moves today, be sure to check out BloggingStocks' market wrap up.
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