Market Soars to Two-Year High

Investors showed a delayed reaction to Tuesday's election and the Federal Reserve's bid to buy $600 billion of bonds to boost the economy. By the time the closing bell rang today the market had made a substantial move.
Here are today's closes for the three main indices. In each case, a one-day gain of roughly two percent.
Also in each case, the indices are at a level where they haven't been for more than two years since June-September 2008.
More impressively, the rebound from the market's bottom on March 9, 2009, has been at least 75 percent. (Dow: + 75%; Nasdaq: + 103%; S and P 500: + 81%) That's happened in just a year and a half.
For perspective, today's closes were first reached in 1998 and 1999.