The Dow Jones industrial average rose 139 points in Thursday trading to close at 17,051, the first time it has closed above 17,000 since August.
The S&P 500 rose 18 points to 2,013.
The Nasdaq rose 20 points to 4,811.
The LABJ Stock Index rose two points to 226.
Gainers and Losers
Pasadena’s General Finance Corp. was Thursday’s biggest local gainer among stocks trading above $1. Shares rose 10 percent on the day, closing at $4.65.
Thursday’s biggest loser, for the fourth day in a row, was Los Angeles water marketer Cadiz Inc. Shares fell 11 percent to close at $3.59.