Q: In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.
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 The Dow Jones Industrial Average (INDU) climbed to a record, erasing losses from the financial crisis, as China vowed to maintain its growth target and investors bet central banks will continue stimulus measures. 
  
 All 10 groups in the Standard & Poor’s 500 Index and 27 out of 30 stocks in the Dow rose. Apple Inc. rallied 2.6 percent for its first gain in five days. Qualcomm Inc. jumped 2 percent as it increased its dividend by 40 percent and set up a $5 billion share buyback plan. J.C. Penney Co. sank 11 percent after its second-biggest shareholder sold part of its stake. 
  
 The Dow rose 125.95 points, or 0.9 percent, to 14,253.77 at 4 p.m. in New York, surpassing its previous closing high of 14,164.53 as well as its intraday peak of 14,198.1 from Oct. 11, 2007. The S&P 500 added 1 percent to 1,539.79 today. The benchmark gauge is less than 2 percent below its record high. About 6.5 billion shares exchanged hands, 2.8 percent above the three-month average. 
  
 “People are now starting to realize that it is a bull market,” Laszlo Birinyi, president of Birinyi Associates Inc. in Westport, Connecticut, said in an interview on Bloomberg Radio’s “Surveillance” with Tom Keene and Michael McKee. “It’s not going to come back, you’ve missed the train, and the train still has a long way to go. But you better get on it.” 
  
 The bull market in U.S. equities enters its fifth year this month. The S&P 500 has surged 128 percent from a 12-year low in 2009 as companies reported better-than-estimated earnings and the Federal Reserve embarked on three rounds of bond purchases to stimulate the economy. 
  
 Stimulus Measures 
  
 U.S. stock indexes advanced this week amid optimism the Fed will maintain stimulus measures to support the economic recovery. Fed Vice Chairman Janet Yellen said yesterday the U.S. central bank should press on with $85 billion in monthly bond buying while tracking possible costs and risks from the unprecedented program. 
  
 Global equities also rose today as China pledged to support economic expansion. The nation will keep its growth target at 7.5 percent for this year and plans a 10 percent jump in fiscal spending, the government said during the start of the National People’s Congress today. 
  
 The Institute for Supply Management’s index of U.S. non- manufacturing businesses, which covers about 90 percent of the economy, rose to 56 in February from the prior month’s 55.2, the Tempe, Arizona-based group said today. Readings above 50 signal expansion. The ISM services survey covers industries ranging from utilities and retailing to housing, health care and finance. 
  
 ‘Risk On’ 
  
 “This is clearly a day where investors are looking to put risk on,” Andrew Milligan, head of global strategy at Standard Life Investments Ltd., who helps manage over $263.9 billion, said in a phone interview. The Edinburgh, U.K.-based firm manages over $263.9 billion. “Services are a much, much larger part of all economies now than the manufacturing sector.” 
  
 Birinyi, who was one of the first money managers to tell clients to buy before the bull market began in March 2009, said technology, materials and energy stocks are the best choices today. Salesforce.com Inc., the largest maker of online customer-management software, is an example of a well-performing cyclical stock, he said. 
  
 Cisco Systems Inc., United Technologies Corp., Boeing Co. and Hewlett-Packard Co. had the biggest gains in the Dow, rising at least 2 percent. Technology, industrial and consumer- discretionary stocks added the most among 10 groups in the S&P 500, advancing at least 1 percent. 
  
 Cyclical Stocks 
  
 Investors bought shares of companies most tied to economic growth, sending the 30-member Morgan Stanley Cyclical Index up 1.4 percent. The Dow Jones Transportation Average, a gauge of 20 shipping companies, climbed to a record, adding 1.5 percent. 
  
 The Chicago Board Options Exchange Volatility Index, known as the VIX, fell for the third day, losing 3.8 percent. The gauge has lost 25 percent this year. 
  
 Apple rallied $11.09 to $431.14. The company is planning on releasing its iPhone 5S in August, iMore reported, citing unnamed people familiar with the matter. An updated iPad is getting “serious consideration” and may be introduced around April, the technology news website said. Apple shares have tumbled 19 percent in 2013. 
  
 Sears Holdings Corp. increased 5.6 percent to $46.63. Chief Executive Officer Eddie Lampert bought 1.24 million shares of the retailer yesterday, while his hedge fund ESL Investments Inc. sold the same amount for the same price, according to a filing yesterday. 
  
 Qualcomm (QCOM) jumped $1.34 to $67.97. The largest seller of semiconductors for mobile phones will increase its quarterly cash dividend to 35 cents from 25 cents, rewarding investors after rising demand for smartphones that run on its technology spurred sales growth. The new share repurchase plan replaces an older $4 billion plan that had $2.5 billion remaining. 
  
 Genworth Gains 
  
 Genworth Financial Inc. surged 3.3 percent to $9.39. The seller of life insurance and mortgage guaranties has climbed 10 percent in two days and is up 25 percent this year. Barclays Plc analyst Mark C. DeVries raised his rating on mortgage insurers MGIC Investment Corp. and Radian Group Inc. to overweight from underweight in a note today. 
  
 Apollo Group Inc. (APOL) jumped 3.1 percent to $16.70 after six days of losses. The for-profit educator was raised to hold from sell by Deutsche Bank AG analyst Paul Ginocchio, who cited the stock’s valuation in a note dated today. 
  
 American Apparel Inc. surged 19 percent to $1.53 as the retailer projected sales of $654 million to $660 million in 2013. That beat the $650.2 million average of two analyst estimates in a Bloomberg survey. 
  
 BMC Software 
  
 BMC Software Inc. climbed 3.7 percent to $42.32. The maker of programs to manage corporate computer networks has attracted renewed buyout interest from private-equity funds, people with knowledge of the situation said. 
  
 KKR & Co. and TPG Capital have separately expressed interest, said the people, who declined to be identified because the talks are private. BMC held similar talks last year amid pressure from activist investor Elliott Associates LP before deciding to buy back $1 billion in shares. 
  
 J.C. Penney declined $1.78 to $14.96, its lowest level since March 2009, after people familiar with the matter said Vornado Realty Trust sold 10 million shares in the department- store company at $16.40 apiece through Deutsche Bank AG. 
  
 “There are more tailwinds than headwinds,” Joseph Tanious, a New York-based global market strategist for JPMorgan Funds, which oversees $400 billion, said by phone. On the ISM number, he said, “This is all coming on the back of better- than-expected economic data partly from around the world but also from Europe. There’s some very dovish sentiment from central bankers and policy makers around the world as well.” 
  
 To contact the reporters on this story: Inyoung Hwang in New York at ihwang7@bloomberg.net; Sarah Pringle in New York at springle1@bloomberg.net 
  
 To contact the editor responsible for this story: Michael P. Regan at mregan12@bloomberg.net |||||
A:
The Dow Jones Industrial Average reached its highest level ever just after the opening bell this morning, thanks in part to China's pronouncement that it would be maintaining its growth target. As of 9:51, the Dow was up 103 points, to 14,231. Its previous high, set in October 2007, was 14,165, TheStreet reports. The Nasdaq and S&P were up as well, rising 26 and 11 points respectively. "Confidence and sentiment are improving," one market strategist tells Bloomberg. "The market has shrugged off some pretty tough news from overseas with the Italian elections and Europe. We’re seeing the US markets continuing its move up here."