Gain in Home Prices Lifts Stocks: Dow at New Record, S&P Near High
The Standard & Poor's 500 index closed within a point of its all-time high after another strong report on housing encouraged investors to buy stocks.
The Standard & Poor's 500 index closed within a point of its all-time high after another strong report on housing encouraged investors to buy stocks.
Wall Street rose modestly on Monday, lifting the Dow to another record and giving the S&P 500 its seventh straight advance as early weakness enticed buyers. The gains briefly lifted the benchmark S&P 500 index to its highest intraday level since October 2007.
Wall Street stock futures are signaling a declining Dow after six straight days of gains that pushed the index to a series of all-time highs.


