Stocks Rise, S&P 500 at Record Day After Fed Pledge on Interest Rates

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Stocks rose on Thursday, with the S&P 500 ending on a record high, a day after Wall Street rallied on reassurances from the Federal Reserve that interest rates would remain low as the economy continues to recover.

The Dow Jones Industrial Average closed unofficially 14 points higher, the S&P 500 rose 2 points to 1959.48, but the Nasdaq slipped 3 points.