S&P 500 Closes at a Record High, Beating '07 Mark

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CHICAGO, IL - MARCH 20:  Traders signal offers in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE) near the open of trading on March 20, 2013 in Chicago, Illinois. The U.S. Federal Reserve is expected to release its economic projections for the next two years in a statement later today, including its inflation forecast for the next two years, and its latest decision concerning interest rates.  (Photo by Scott Olson/Getty Images)
Scott Olson/Getty Images Traders signal offers in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange.
NEW YORK (AP) - 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, 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 for Good Friday.

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Kevin

Happy days are here again, the skies above are blue again. Thank you president Obama!!!!!

March 28 2013 at 10:51 PM Report abuse -1 rate up rate down Reply
copyright1984_tillpresent

hotdamN !!!!!!!! all kinds of records being set since the mess_i_yuh TOOK OVER.
unemployment,debt,inflation,crime......

March 28 2013 at 9:35 PM Report abuse +2 rate up rate down Reply
Brady Boby

The market is doing well because companies are doing well over seas but here in the U.S. we are hurting really bad. What goes up must come down and the next crash coming is going to be bigger than the last one.

March 28 2013 at 8:18 PM Report abuse rate up rate down Reply
1 reply to Brady Boby's comment
copyright1984_tillpresent

was thinkin the same--not gonna end well.

March 28 2013 at 9:46 PM Report abuse rate up rate down Reply
Dave

Hey! This comment enhancement SUX. It wasn't broken, so why'd you muck with it?

March 28 2013 at 5:58 PM Report abuse rate up rate down Reply
1 reply to Dave's comment
copyright1984_tillpresent

most likely to make IT easier for them to do their data collecting on all those obomba fanatics !

March 28 2013 at 9:40 PM Report abuse +1 rate up rate down Reply
spasticjack

Obama prints money,,,gives it to his friends in wall street..Who keep it in their off shore banks,and all us simple folk get to spend our third year lookin for decent work...Hows that change workin for ya now.

March 28 2013 at 5:54 PM Report abuse +2 rate up rate down Reply
1 reply to spasticjack's comment
copyright1984_tillpresent

keep IT SIMPLE for the drones and dweebes--simply give a shout out at the gas pumps or supermarket checkout.---HOW'S THAT HOPIE CHANGIE BS WORKIN FOR YAS ???

March 28 2013 at 9:38 PM Report abuse +2 rate up rate down Reply
debnaert

THANKS DEMOCRATS for all the Quantitative easing since BO took office. He has made us all the more RICH!

March 28 2013 at 5:31 PM Report abuse +3 rate up rate down Reply
wtl20mp

This change is terrible and very nearly useless. Go back to old format

March 28 2013 at 5:03 PM Report abuse +4 rate up rate down Reply