Wall Street reaches new record high amid Yellen's comments

Stocks on Wall Street increased on Wednesday reaching their new all-time highs led by customer discretionary shares as Macy's reported earnings and as the Federal Reserve Vice Chair Janet Yellen commented Fed's monetary program. The Dow Jones industrial average gained 0.45% to 15,821.63, the Standard & Poor's 500 Index added 0.81% to 1,782 and the Nasdaq Composite Index jumped 1.16% to 3,965.58.