Dow Ends Day Up 97

Stock indexes closed at record highs for a second day running, in a broad-based rally led by miners and other raw materials companies, the AP reports. Gold and copper miner Freeport McMoRan rose 2.7%, lifted by soaring copper prices. Oil companies also rose with crude prices. Newfield Exploration rose 2.1% and Exxon Mobil gained nearly 1%. The Standard & Poor's 500 index rose 8 points, or 0.4%, to 2,316. The Dow Jones industrial average gained 97 points, or 0.5%, to 20,269. The Nasdaq composite rose 19 points, or 0.3%, to 5,734. Small-company stocks did better than larger ones. The Russell 200 index jumped 10 points, or 0.8%, to 1,388, also a record high. (More Dow Jones stories.)