S&P 500 rockets to a new record high


(Reuters) – U.S. stocks ended sharply stronger on Thursday and the S&P 500 closed at a record high as investors worried less about interest rates and a weaker dollar offered the possibility of stronger sales for U.S. multinationals.

The S&P 500 gained 22.62 points, or 1.08%, to end at 2,121.1, exceeding its previous all-time high close of 2,117.69 on April 24. The Nasdaq Composite had its strongest day since January.

After oscillating in what many investors view as a range for much of the past three months, the S&P’s gain in 2015 now stands at 3%.

The dollar moved to its lowest since January against a basket of currencies of major U.S. trading partners – good news for companies that have large foreign sales.

A report showing a dip in initial claims for state unemployment benefits last week did little to change broad expectations that the U.S. Federal Reserve would…

View original post 360 mots de plus


Laisser un commentaire

Choisissez une méthode de connexion pour poster votre commentaire:

Logo WordPress.com

Vous commentez à l'aide de votre compte WordPress.com. Déconnexion /  Changer )

Photo Google+

Vous commentez à l'aide de votre compte Google+. Déconnexion /  Changer )

Image Twitter

Vous commentez à l'aide de votre compte Twitter. Déconnexion /  Changer )

Photo Facebook

Vous commentez à l'aide de votre compte Facebook. Déconnexion /  Changer )


Connexion à %s