North American stocks rallied Thursday, setting fresh all-time records.

The Toronto market burst through the 13,000-point plateau on the strength of the resource sectors and broad-based strength in the wider market, while the New York Stock Exchange rode positive corporate earnings news to a peak close.

The S&P/TSX composite index shot up 111.45 points, or 0.86%, to 13,021.77.

Eight of the 10 TSX main sub-groups were up.

The energy index gained 1.31%. Nexen Inc. gained $1.09, or 1.77%, to $62.69.

The materials index gained 1.08%. Domtar Inc. shares added 46¢, or 5.18%, to $9.34.

The financials sector gained 0.61%. Manulife Financial Corp. moved up 47¢, or 1.20%, to $39.50.

The information technology sector posted a strong 2.34% gain. Research in Motion gained $8.20, or 5.57%, to $155.40.

The Canadian dollar moved down 0.07 of a cent to US86.38¢.

The S&P/TSX Venture composite index advanced 27.38 points, or 0.98%, to 2,813.99.

In New York, the Big Board moved higher on a strongly positive earnings outlook from Honeywell International Inc. while all indices enjoyed investor optimism about the U.S. equity markets.

The Dow Industrials rose 99.26 points to 12,416.76, while posting an intra-day high of 12,427. The S&P 500 gained 12.28 points to 1,425.49, while the Nasdaq composite moved up 21.44 points to 2,453.85.