The Globe and Mail reports in its Friday edition that Wall Street advanced on Thursday as progress toward ending the Iran war buoyed investor sentiment, while disappointing results from Broadcom led a chip sell-off that pulled Nasdaq lower. A Reuters dispatch to The Globe says the blue-chip Dow surged, hitting a record closing high with a boost from health care and financials. The S&P 500 posted more muted gains, while Nasdaq ended nominally lower. The S&P/TSX Composite Index rose to its own record high, led by financial and metal mining shares. The Toronto Stock Exchange ended up 415.52 points, or 1.2 per cent, at 35,217.06, surpassing the record closing high it posted on Tuesday. The TSX materials group rose 1.5 per cent as the price of gold increased. Financials were up 1.7 per cent. The price of oil settled 3.1 per cent lower at $93.04 (U.S.) a barrel. Still, the energy sector in Toronto gained 0.4 per cent. Among the 11 major sectors of the S&P 500, health-care and financial stocks boasted the biggest percentage gains, while technology shares were the biggest laggards. Chipmaker Broadcom missed revenue expectations, sending its shares tumbling 12.6 per cent. The Dow rose 874.86 points to 51,561.93.