S.&P. 500 Closes at Record
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A modest rally pushed the most widely followed benchmark of American stocks past a 2000 high.
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NEW YORK : Wall Street shares closed higher on Tuesday, but record oil prices capped the day&#39;s gains amid concerns over a multi-billion-dollar tax bill facing Russian oil giant Yukos.
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U.S. stocks rose slightly on Thursday, pushing the Dow Jones industrials to a record closing high for a third day and the S&P 500 to a fresh 5-1/2-year high, after an increase in retailers' September sales fueled hopes that spending will stay strong.
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The Dow Jones industrial average briefly traded above its record high close from January 2000 Thursday morning before backing off.
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The Dow closed at its highest level in seven months, the Nasdaq in nine months and the S&amp;P hit a fresh three-year high. The US stock market has been on an upward path since the re-election of President George W Bush.
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The Standard &amp; Poor&#39;s 500 index reached its highest close since the Sept. 11, 2001, terror attacks Thursday as stocks surged on the Federal Reserve&#39;s upbeat assessment of the economy and a sharp drop in oil prices.
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After days of flirting with its all-time peak, the Dow Jones industrial average finally set a new record this afternoon. According to preliminary figures the Dow closed at 17,727.26.
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S&amp;P 500 misses a record close after the former Fed chairman worries investors with comments about China.
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Traders erupted into boisterous cheers on the floor of the New York Stock Exchange Thursday as the market soared and the Dow Jones industrials catapulted to a new record close, an achievement that took on particular significance considering Wall Street's position just a year ago.
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Goldman Sachs yesterday reported record full-year earnings, following record results from Lehman Brothers earlier in the week and setting the pace for the rest of Wall Street.
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After a shaky start Wednesday morning, stocks turned higher, with the Dow Jones industrial average hitting a new record trading high, after closing at its best level ever on Tuesday.
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The Dow closed at a record on Tuesday, though retreating from the 14,000 mark it earlier crossed for the first time, while the Nasdaq rose to a six-and-a-half-year high on a cascade of stronger-than-expected earnings.
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By Michael Patterson  The Dow Jones industrial average climbed to a record close Thursday as companies reported profits that beat analysts' estimates and as the number of claims for jobless benefits fell. Costco Wholesale, the largest U.S.
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NEW YORK, July 16 -- The Dow Jones industrial average hit a new record close Monday as news of a potential telecom deal involving Verizon nudged the average closer to 14,000. Overall, stocks were mixed as investors contemplated the market's huge gains last week.
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With Wall Street coming off a record week that saw the Standard &amp; Poor's 500 index and the Dow Jones industrials barrel to record highs, investors will be waiting to see if earnings and economic reports justify the market's huge advance.
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Stocks rallied Wednesday, with the Dow industrials and the S&P 500 closing at new all-time highs, as investors found momentum at the end of a tumultuous session on Wall Street.
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The Standard & Poor's 500 stock index   .SPX soared to a fresh five-year high on Wednesday as U.S.   stocks rallied on optimism that the Federal Reserve will keep   interest rates steady, helping to underpin companies' profit   growth.