Dow Jones and S&P climb to new highs
New York's Dow Jones and S&P 500 share indexes have set new all-time highs.
The rallies mean the stock markets are returning to levels not seen since before the global financial crisis.
The Dow rose 89 points, to close at 14,662, after an earlier intraday high of about 14,684, The previous record high of 14,285 was set in March.
And the broader S&P 500 closed at a record high of 1,570, suggesting investors are regaining confidence in the US economy.
Investors Grow Cautious as Bank of Japan Gets Set to Meet
TOKYO—Can the reality match the hype? Financial markets are already reflecting ideas that the much-anticipated meeting of the Bank of Japan's policy board this week, the first under leadership that has vowed aggressive action to end Japan's economic slump, won't meet expectations.
Japan's Great Monetary Experiment Begins — Here's What You Need To Know
This is it – the moment the Abenomics-watchers have been waiting for.
Wednesday night, the Bank of Japan will conclude its first monetary policy meeting with new BoJ Governor Haruhiko Kuroda at the helm.
So far, Japan's great "Abenomics" experiment – which seeks to employ bold policy tools to overcome more than a decade of deflation – has been mostly talk.