S&P 500 hits 6-year high on healthy earnings
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The S&P 500 stock index touched a six-year high on Thursday as higher-than-expected earnings from investment bank Bear Stearns Co. Inc. , retailer Costco Wholesale Corp.  and other companies improved the outlook for steady profit growth.
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The Dow Jones index closes at a record high of 12,673, on strong earnings and interest rate confidence.
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A NEW record high for oil took some of the shine off Wall Street trade yesterday. An upbeat picture of inflation and good housing data boosted the mood early on and strong earnings from several retailers, led by Home Depot, also helped to keep the major ...
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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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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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Tokyo's Nikkei average rose nearly 1  percent on Tuesday to a six-month closing high, lifted by gains  in tech stocks such as Nikon Corp. after the U.S. Nasdaq  Composite Index snapped a six-session losing streak.
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Shares in agribusiness giant Archer Daniels Midland Co. soared to a 6 1/2-year high Friday, fueled by a 77 percent increase in quarterly earnings.
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The 2.6 percent rise in second-quarter earnings overcame weak pricing in the Caribbean and higher fuel costs.
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The S. & P. index set a five-year high and the Dow Jones industrial average climbed above 11,800 for the first time.
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Blue-chip stocks flirted with record highs, buoyed by record corporate profits and moderating energy prices.
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Personal income, boosted by a large dividend payment from computer software giant Microsoft Corp., shot up by a record 3.7 percent in December.
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NEW YORK  -U.S. stocks surged on Thursday, with the Dow hitting a record on its biggest point gain in more than 4 years, after healthy retail sales reassured investors about consumer spending and a $38 billion mining takeover fed expectations for more deals. The S&P 500 also ended at a record closing high.
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Leading shares ended above the key 6,400 level, hitting fresh 6-year highs, as ongoing M&amp;A hopes in mining heavyweights and Wolseley were bolstered by a solid early session on Wall Street.
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Leading shares touched six-year highs as a bouyant mining sector was bolstered by another record breaking session on Wall Street.
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Healthy profits and free cash flow propel the stock, but has it reached a ceiling?
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NEW YORK -- US stocks rose, sending the Standard &amp; Poor's 500 Index to its highest close in more than three years and erasing the Dow Jones industrial average's loss for 2004.