
U.S. stocks rose overnight, lifting Dow industrials and S&P 500 to their highest levels, as investors welcomed comments of Federal Reserve Vice-Chairman, Yellen that U.S. still needs monetary stimulus for now.
Dow Jones Industrial Average closed up 54.59 points, or 0.4 per cent at 15,876.22, led by Home Depot stocks.
S&P 500 finished at new hight, up 8.62 points, or 0.5 per cent a 1,790.62, with utilities the best performing and technology stocks the only sector to fall among the 10 major industry groups. Meanwhile, Nasdaq composite gained 9.57 points, or 0.3 per cent a 3,415.14.