ISTANBUL: The S and P 500 on Wednesday closed above the 5,600 record-high level for the first time in history as US stocks rallied. The index increased to the all-time high level of 5,600.76 level at 12.06 p.m. EDT (1606GMT). It finished the day with a gain of almost 57 points, or 1.02%, at 5,633.91. The index, which includes around 80% of the total market capitalization of publicly traded companies in the US, has been closing at record-high levels for six straight days, and posting gains in 10 of the last 11 trading days. The Nasdaq also ended the session at an all-time closing high of 18,647.45 points, with an increase of 218 points, or 1.18%. The Dow Jones, meanwhile, rose 429 points, or 1.09%, to end the day at 39,721.36. The VIX volatility index, also known as the fear index, rose 2.7% to 12.85. The 10-year US Treasury yield lost 0.42% to 4.280%. The dollar index shed 0.1% to 105.01, while the euro added 0.16% to $1.0829 against the greenback. Precious metals were in positive territory, with gold rising 0.34% to $2,372 per ounce and silver increasing 0.12% to $30.83. Oil prices were up around 1%, with global benchmark Brent crude at $85.36 and US benchmark West Texas Intermediate at $82.42. Source: Anadolu Agency