Gains for big technology and health care companies drove the market higher. Banks lagged the rest of the market.
Egypt Hurghada stabbing: Two tourists killed at Red Sea resort
There was confusion about the nationalities of the four wounded victims as well. "In Zahabia hotel two German women were killed". Hurghada is one of Egypt's tourist hubs and stretches for 25 miles (40km) along the country's Red Sea coast.
The Russell 2000 index of smaller-company stocks picked up 3.16 points, or 0.2 percent, to 1,428.82, a record.
The financial index was the best performer among the 11 major S&P sectors, ending Thursday up 0.61 per cent.
Target shares jumped 4.8 percent, Wal-Mart Stores gained 1.5 percent, Macy's 4.2 percent and Best Buy 2.6 percent.
Truck Carrying Over Three Tons Of 'Slime Eels' Shuts Down Highway
Despite being nicknamed "slime eel " and their eel-like shape, hagfish belong to a family of jawless fish called Agnatha. But now, instead of being eaten, the eels are giving the internet some fun in the form of disgusting photos and videos.
Germany's DAX lifted 0.1 per cent to 12,641.33.
The Nasdaq and S&P 500 dropped hard just after 10 a.m. ET, during the first half hour of the Fed chair's Senate testimony Thursday.
Thursday's action left the Nasdaq composite ahead almost 2% for the week and tracking toward its best weekly finish since late May.
FDA Votes In Favor Of Gene Therapy To Treat Childhood Leukemia
Patient advocacy groups praised the FDA's findings and the impact the new treatment could have on patients with ALL. Tisagenlecleucel's benefit for ALL patients who have relapsed from other treatments was clear before the meeting.
The Dow is up 1,875.14 points, or 9.5 percent.