Rita Nazareth

The major U.S. equity benchmarks rallied together to their all-time peaks for the first time since 1999.

Traders have piled into global equities, heartened by deal activity and better-than-expected corporate earnings.

First time since heady days of 1999 that all three major stock benchmarks hit high marks on the same day.

The post-election rout in U.S. stocks has driven the Standard & Poor’s 500 Index down so far that it would have to advance 26 percent to reach the valuation of bull markets since John F. Kennedy was in the White House.