Bill Miller Beats S&P 500 for 14th Year
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Famed stockpicker Bill Miller of Legg  Mason Inc. LM.N has outperformed the Standard & Poor's 500  index for a 14th straight year, a feat no other mutual fund  manager has accomplished since at least 1960.
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NEW YORK, May 30 -- The Standard & Poor's 500-stock index hit a record high Wednesday, marking a four-year recovery of U.S. stocks battered by the burst of the tech bubble, the collapse of Enron and WorldCom, the Sept. 11, 2001, attacks and the wars in Afghanistan and Iraq.
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U.S. stocks rose on Wednesday, with   the Standard & Poor's 500 index hitting a five-year high on   strong profit reports and optimism before the Federal Reserve's   interest rate decision.
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Blue-chip gauge passes the 14,000 mark for the first time with help from familiar drivers.
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Wall Street moved soundly higher Thursday, sending the Dow Jones industrials to their first close above 14,000, as investors kept jitters about the economy at bay and focused on a string of upbeat earnings reports.
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The S&P 500's record on Wednesday is still in the shade of more robust Europe and Asia.
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Vijay Singh, who knocked Tiger Woods off the top of the world rankings this month for the first time in over five years, surpassed Woods&#39; earnings record for a single season when he won the 84 Lumber Classic on Sunday.
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NEW YORK  -The S&P 500 index  climbed to a record on Friday, surpassing levels reached during the Internet bubble, as General Electric Co.  increased a stock-buyback plan and data showed improving consumer sentiment.
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The S&P 500 index, a measure of the largest U.S. stocks, rose to a lifetime high on Friday on optimism about economic growth, corporate takeovers and profits.
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Australia&#39;s S&amp;P/ASX 200 Index advanced for a third day and was heading for a record close. Foodland Associated Ltd. rose after full-year earnings climbed 19 percent, helped by one-time gains.
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Stocks surged Wednesday afternoon, with the Dow Jones industrial average closing at its highest point ever, the S&P 500 hitting a 5-1/2 year high and the Nasdaq composite rising more than 2 percent.
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Last year's list of the fastest-growing tech companies beat both the S&amp;P 500 and the Nasdaq Composite index.
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NEW YORK, May 30 -- The Standard & Poor's 500-stock index hit a record high today, marking the end of a four-year healing period for U.S. stocks battered by the burst of the tech bubble, the collapse of Enron and WorldCom, the Sept. 11 attacks and the wars in Afghanistan and Iraq.
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I view this period of consolidation, following four years of a bull market, as the transition phase to the next stage of the bull market. I expect the S&P 500 to reach all-time highs and to end 2008 somewhere around 1650. If Wall Street goes my way later next year, then I think the FTSE 100, whose large international blue chips have more to do with the global economy than the UK, could be up around 7200 by year-end.
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If you fled Wall Street eight years ago â remember Y2K? â and came back today, you might conclude that nothing much happened while you were gone. The Standard & Poor's index of 500 stocks ended the last decade at 1469.25. Now, points out Howard Silverblatt of S.&P., it is at 1468.36. A decline [...].
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LAKE LOUISE, Alberta - World Cup leader Bode Miller barreled his way into skiing history Sunday, collecting his third consecutive win.
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Investment bank Lehman Brothers Holdings Inc. said on Wednesday first-quarter profit rose 14 percent, as real estate and strong equity markets helped lift trading profits even with weakness in subprime mortgages.