S&P Record a Real Achievement, But Pullback Possible
The Dow and the Nasdaq edged higher last week, but the S&P 500 stole the show: It gained 0.8% and ended the week at a record high for the first time in five-and-a-half years.
The Dow and the Nasdaq edged higher last week, but the S&P 500 stole the show: It gained 0.8% and ended the week at a record high for the first time in five-and-a-half years.
Encouraging news from the job market pushed the stock market up early Thursday, putting the Standard & Poor's 500 index near its all-time high. The S&P 500 rose seven points to 1,561 -- just four points away from the high it hit in October 2007 -- before retreating marginally after 10 a.m.

