Around the World's Markets: New York

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The Independent Online
STOCKS POWERED ahead to yet more record highs, with the Dow Jones closing up 23.43 at 11,209.84, as Wall Street toasted good corporate earnings.

The NYSE Composite also set a new high at 2.37 at 663.12.

The average share closed up $0.17, and advances led declines 1,451 to 1,446. Among the active stocks, Microsoft jumped over 5 per cent, taking its market cap above $500bn, on a report that the software giant is close to creating a stock to track its Microsoft Network business.

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