Wall Street rallies amid Yellen words; S&P finally takes over the 1,850 level

FXStreet (San Francisco) - The US stocks market closed Thursday with gains as investors digested positively the Janet Yellen words on Fed's taper process. The good atmosphere fueled the S&P 500 to finally achieve a close above the 1,850 level after attempting several days.

The Dow Jones advanced 74.30 points or 0.46% to finish at 16,272.71; the S&P 500 added 9.13 points or 0.49% to close the day at record high 1,854.29; the Nasdaq Composite jumped 26.87 points or 0.63% to 4,318.93.