The Dow Jones Industrial Average hit the 12,000 level today for the first time since June 2008.
Stocks rose after US president Barack Obama called for a lower corporate tax rate, as well as on a higher-than-expected reading on home sales, though gains were limited by a weak outlook from Boeing.
The Dow Jones industrial average was up 23.46 points, or 0.20 percent, at 12,000.65. The Standard & Poor's 500 Index was up 5.11 points, or 0.40 per cent, at 1,296.29. The Nasdaq Composite Index was up 14.66 points, or 0.54 per cent, at 2,733.91.
Reuters