US: S&P 500, Dow hit record highs on upbeat earnings, strong retail sales

[NEW YORK] The S&P 500 and Dow Jones indexes hit record highs on Thursday, as upbeat earnings reports from companies including Bank of America and BlackRock as well as a strong rebound in March retail sales bolstered hopes of a broader economic rebound.

The Dow Jones Industrial Average rose 57.64 points, or 0.17 per cent, at the open to 33,788.53.

The S&P 500 opened higher by 15.10 points, or 0.37 per cent, at 4,139.76, while the Nasdaq Composite gained 125.39 points, or 0.90 per cent, to 13,983.23 at the opening bell.

REUTERS