Updated from 3:24 p.m. EDT

Thanks for the Assist

( At 5:30 p.m. EDT)

The Dow Jones Industrial Average got a late lift thanks to the Federal Reserve's latest commitment to put added funds to work in the economy, and the index closed ahead Wednesday for the sixth time in the past seven trading days.

At the end of the session, the industrials were up 90.88 points, or 1.2%, at 7486.58, the highest finish since Feb. 18. JPMorgan Chase ( JPM), up 7.8% at $27.11, was the biggest contributor to the increase, accounting for nearly 16 points of the overall advance.

However, the top percentage gains were recorded by Citigroup ( C) and Bank of America ( BAC), both of which rose more than 22%. BofA ended at $7.67, its first close above $7 since late January. Citi, the volume leader again with nearly 1.3 billion shares traded, went out at $3.08, its best showing in more than a month.

All told, seven of the Dow's 30 stocks fell and the other 23 rose. Kraft ( KFT) was the weakest name, losing 4.4% to $22.29. Hewlett-Packard ( HPQ) followed with a 2.6% decline to $28.99.

So we've gained more than 900 points in seven sessions. I think we can all agree that's an impressive move. The question continues to be whether you believe it. Probably fair to say plenty of you don't want to miss it, but when do you take a little off the table? Clearly that's up to each individual.

We're likely going to get a pullback at some point, and the bulls will be put to the test, but at least we seem to have improved from all bad to just lots of bad in the past week and a half.

Thus far in March, the Dow is now up 6%. Spring starts in a few days, and I know lots of folks in the Northeast are ready to see winter over and done with. Maybe stocks are following the same pattern.

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