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Bulls drive S&P 500 to fresh record

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The S&P 500 set a new record Thursday as buyers pushed up stocks helped by a cautiously positive view of the economy from Federal Reserve Chair Janet Yellen.

At the closing bell, the Dow Jones Industrial Average was up 74.30 points (0.46 percent) at 16,272.71.

The broad-based S&P 500 passed the January high mark with a gain of 9.15 (0.50 percent) to a record 1,854.31.

The tech-heavy Nasdaq meanwhile hit its best level since the dot-com crash, finishing up 26.87 (0.63 percent) at 4,318.93.

The S&P 500 set a new record Thursday as buyers pushed up stocks helped by a cautiously positive view of the economy from Federal Reserve Chair Janet Yellen.

At the closing bell, the Dow Jones Industrial Average was up 74.30 points (0.46 percent) at 16,272.71.

The broad-based S&P 500 passed the January high mark with a gain of 9.15 (0.50 percent) to a record 1,854.31.

The tech-heavy Nasdaq meanwhile hit its best level since the dot-com crash, finishing up 26.87 (0.63 percent) at 4,318.93.

AFP
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With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

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