Dow Hits New Record as Bernanke Speaks

Amid a flood of economic reports, the Fed chief finished his second day of Congressional testimony. Plus, Caterpillar's $7.5 billion buyback

Major stock indexes advanced modestly Thursday, with the Dow Jones industrial average reaching a new all-time closing high for a second straight session, as investors digested day two of Federal Reserve Chairman Ben Bernanke's congressional testimony along with a host of economic reports. Stock buyback news and deal talk in the automotive sector helped boost the blue chips.

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