Post by bot on Mar 4, 2014 22:46:16 GMT -5
S&P 500, Russell 2000 close at record high
NEW YORK (MarketWatch) -- The U.S. stock market finished Tuesday with the best gains this year, as the S&P 500 closed at a record high for the 49th time in the past 12 months. Risk appetite returned after reports that Russian troops ended military exercises in the border regions with Ukraine, easing tensions that spooked investors the previous session. The Dow Jones Industrial Average gained 227.85 points, or 1.4%, to 16,395.88. The S&P 500 finished near session highs, adding 28.18 points, or 1.5%, to 1,873.91. It was the best one-day percentage gain for both the benchmark index and blue-chips since Dec 18, 2013. The Nasdaq Composite gained 74.67 points, or 1.8%, to 4,351.97, its best gain in four months. The tech-heavy index closed at highest level since April 2000. The Russell 2000 index of small-cap stocks also closed at a record high, adding 33.41 points, or 2.8% to 1,209.72.
NEW YORK (MarketWatch) -- The U.S. stock market finished Tuesday with the best gains this year, as the S&P 500 closed at a record high for the 49th time in the past 12 months. Risk appetite returned after reports that Russian troops ended military exercises in the border regions with Ukraine, easing tensions that spooked investors the previous session. The Dow Jones Industrial Average gained 227.85 points, or 1.4%, to 16,395.88. The S&P 500 finished near session highs, adding 28.18 points, or 1.5%, to 1,873.91. It was the best one-day percentage gain for both the benchmark index and blue-chips since Dec 18, 2013. The Nasdaq Composite gained 74.67 points, or 1.8%, to 4,351.97, its best gain in four months. The tech-heavy index closed at highest level since April 2000. The Russell 2000 index of small-cap stocks also closed at a record high, adding 33.41 points, or 2.8% to 1,209.72.
