The Dow surged to a record Wednesday, easily topping 23,000 points following strong earnings from IBM that boosted confidence about the rest of the quarterly reporting season.

At the end of the trading session, the Dow Jones Industrial Average stood at 23,156.84, up 0.7 percent.

The broad-based S&P 500 rose 2,561.25, while the tech-rich Nasdaq Composite Index edged up to 6,624.22. Both the S&P 500 and Nasdaq were also at records at the closing bell.