US stocks rose on Wednesday, with the Dow and S&P 500 hitting new all-time highs in a broad market rally as the recent upward momentum persisted. The Nasdaq also hit its highest level since November 2000 although gains were limited by a steep decline in Apple. But shares of Apple's rival Google shot up to a new record high at $916.38 on news that it has adopted a streaming music business model.

The day's gains were broad, with nine of the S&P 500's 10 sectors ending higher. Among the top gainers were the consumer staples sector index, up 1 percent, and the financial sector, also up 1 percent. The broad market index has recorded 15 new closing highs this year.

The Dow Jones industrial average rose 60.44 points, or 0.40 percent, to a record 15,275.69 at the close. The Standard & Poor's 500 Index added 8.44 points, or 0.51 percent, to finish at a record 1,658.78. The Nasdaq Composite Index gained 9.01 points, or 0.26 percent, to close at 3,471.62. During the session, the Dow touched an all-time intraday high at 15,301.34, while the S&P 500 reached a record intraday peak at 1,661.49. Earlier, the Nasdaq had hit a fresh 52-week high at 3,475.48.

Copyright Reuters, 2013