Tuesday, July 1, 2014

Bulls Push U.S. Stocks to Record Highs

From Businessweek.com:

U.S. stocks rose to records, with the Dow Jones Industrial Average climbing to within two points of 17,000, as gauges of factory output in major economies signaled expansion.

Gold advanced to a three-month high as the dollar sagged.

The Standard & Poor’s 500 Index climbed 0.7 percent to an all-time high at 4 p.m. in New York.

The Dow average jumped 0.8 percent to a record, rising as high as 16,998.70...
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Link: http://www.businessweek.com/news/2014-06-30/dollar-holds-retreat-as-s-and-p-500-caps-sixth-quarterly-gain

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