You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Making food school kids eat
      Eight-year-old Erik Schneider is a picky eater. That can pose a challenge for Marla Schneider, his mother. She's picky about nutrition.
  • Alibaba out front on female leaders
    HONG KONG – As Silicon Valley companies struggle to hire women into their senior ranks, China's Alibaba Group Holding is setting an example of how to do it.
  • Buffett pulls rug out from Obama
    WASHINGTON – Billionaire Warren Buffett was an ally of President Barack Obama during the 2008 presidential campaign and the force behind Obama's “Buffett Rule,” designed to increase tax bills for the wealthiest
Advertisement

S&P 500 closes at record high

NEW YORK – The stock market has reached another milestone.

The Standard & Poor’s 500 index closed at a record high Thursday, beating the mark it set in October 2007, a year before the peak of the financial crisis.

The S&P rose six points, to 1,569, a gain of 0.4 percent, beating its previous record by four points. The index is still shy of its all-time trading high of 1,576.

The Dow Jones industrial average, which beat its own 2007 record three weeks ago, rose 52 points, or 0.4 percent, to 14,578.

The Nasdaq composite rose 11 points, or 0.3 percent, to 3,267.

Nearly two stocks rose for every one that fell on the New York Stock Exchange.

Volume was relatively light at 3.2 billion shares. Markets will be closed Friday for Good Friday.

Advertisement