Traders said the perception that the United States was not being pressed into a war with Iran, as well as the drop in weekly US jobless claims, also contributed to driving equity markets higher.
The top US stocks barometer, the S&P500, which measures the value of the 500 largest US corporations by market capitalization, was up 0.5 percent at 3,268 at 10:15 a.m.
STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 401K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you doing wrong?— Donald J. Trump (@realDonaldTrump) 9 января 2020 г.
The technology-heavy Nasdaq Composite Index was up 0.7 percent at 9,198. It hit a record high of 9,212 earlier.
The Dow Jones Industrial Average rose 0.4 percent to 28,871, after an all-time high of 28,919 earlier. The Dow closed 2019 up 23 percent for its best performance in two years.