NEW YORK (CNNfn) - Having crossed the 10,000 benchmark for the second time in three days, the Dow industrials settled just below the historic five-figure number Thursday.
A strong rally, fueled by market-friendly inflation data and soaring financial and transportation shares, led the blue chip index up 118.21 points, or 1.2 percent, to 9,997.62 -- less than 3 points away from the coveted, yet elusive, 10,000.
The Nasdaq Composite joined the rally, surging 34.00 points, or 1.4 percent, to 2,462.97. The S&P 500 index climbed 18.73 points, or 1.4 percent, to close at a record 1,316.55.
Bonds gained as well, also gaining support from the day's economic data -- a non-inflationary February consumer price index report.
The dollar fell against the yen and remained virtually unchanged against the euro.
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