Thursday, March 28, 2013

Broad S.&P. 500-Stock Index Closes at Record High

BREAKING NEWS Thursday, March 28, 2013 4:13 PM EDT
The Standard & Poor’s 500-stock index closed on Thursday at a new record, eclipsing its previous closing high, set in October 2007.
At 4 p.m., the benchmark index was at 1,569.19 points, up 0.4 percent for the day, despite a report of rising claims for unemployment benefits. It closed the first quarter with a robust 10-percent gain.
The blue-chip Dow Jones industrial average, which was also up 0.4 percent Thursday, passed its 2007 milestone earlier this month, but the S.&P. 500 is widely considered to be a broader-based reflection of the American stock market. The Nasdaq composite index of largely technology stocks added 0.3 percent Thursday.

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http://www.nytimes.com/2013/03/29/business/daily-stock-market-activity.html?emc=na

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