S&P 500 Rises to All-Time High on Growth Optimism, Stimulus Bets

July 11, 2016 8:27 PM

31 0

U.S. stocks climbed, pushing the benchmark S&P 500 Index to an all-time high, extending a rally from Friday when a better-than-forecast jobs report brightened the economic outlook without fueling expectations that the Federal Reserve will raise interest rates sooner.

The S&P 500 added 0.3 percent to 2,137.16 at 4 p.m. in New York, surpassing the prior intraday record set in May 2015. The index had spent 285 days trading without making a fresh record, the longest stretch outside a bear market since a 323-day drought in 1985. The Dow Jones Industrial Average rose ...

Also read: U.S. Industrial Production Rose 0.7% in April

Read more

To category page