NASDAQ Composite Index Grows

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nasdaqThe Nasdaq Composite Index extended a record and the Standard & Poor?s 500 Index closed at an all-time high as Google Inc., Microsoft Corp. and Amazon.com Inc. rallied after posting quarterly results.

Google jumped 3.3 percent after saying first-quarter advertising volume jumped. Amazon climbed 14 percent as sales climbed more than analysts projected. Microsoft gained 10 percent, the most since April 2009, after quarterly profit beat estimates.

The Nasdaq Composite climbed 0.7 percent to 5,092.09 at the close in New York. The gauge closed at a record yesterday, sailing past its dot-com era peak as EBay Inc. and Microsoft rose. The Standard & Poor?s 500 Index added 0.2 percent to 2,117.69, its highest ever. The Dow Jones Industrial Average climbed 21.45 points, or 0.1 percent, to 18,080.14.

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