Stocks closed out the session with a sharp bang Thursday, with major averages rallying more than 2 percent across the board, as lawmakers seemed to move closer to a deal to resolve the political stalemate in Washington.
Major averages logged their second-best gains this year.
(Read more: Government standoff shakes trust in US debt)
"No one's going to get in the way of this move—we've been up more than 200 points all day so you're going to be hard pressed to find someone on the other side of the trade," said Art Hogan, managing director of Lazard Capital Markets. "This is clearly the light at the end of the tunnel that everyone wants."
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Stocks have 2nd best day of the year
CNBC's Bob Pisani looks at the day's market action after the closing bell. Materials and financials are among the sectors up more than 2 percent today.
| Name | Price | Change | %Change | ||
|---|---|---|---|---|---|
| DJIA | Dow Jones Industrial Average | 15126.07 | 323.09 | 2.18% | |
| S&P 500 | S&P 500 Index | 1692.56 | 36.16 | 2.18% | |
| NASDAQ | Nasdaq Composite Index | 3760.75 | 82.97 | 2.26% |
The Dow Jones Industrial Average catapulted 323.09 points, or 2.18 percent, to close at 15,126.07. All 30 components in positive territory, propelled by Boeing and UnitedHealth.
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