Dow leaps to new high

The Dow shattered records again by leaping 154 points to close at a new high of 17,959. Nasdaq gained 16 points to 4,781.

On the upside

Shares of Advaxis (Nasdaq: ADXS) extended its gains.

MoneyBeat noted that Juno Therapeutics (Nasdaq: JUNO) was the final initial public offering of 2014 and debuted with the highest market capitalization for a biotechnology company.

Brazilian president Dilma Rousseff said that the chief executive of Petrobras (Nasdaq: PBR) would not be replaced.

On the downside

Shares of NQ Mobile (NYSE: NQ) extended its losses.

Rex Energy (Nasdaq: REXX) slashed its 2015 capital budget and amended it credit facility.

Falling crude oil prices weighed down shares of Chesapeake Energy (NYSE: CHK).

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 rose 7 points to 2078. Bitcoin rose $9 to $330.