iOS app Android app More

News Summary: Another notch on the S&P odometer

stumbleupon: News Summary: Another notch on the S&P odometer   digg: US Works With Sudan Government Suspected Of Aiding Genocide   reddit: News Summary: Another notch on the S&P odometer   del.icio.us: News Summary: Another notch on the S&P odometer

The Associated Press | August 1, 2013 05:19 PM EST | AP


RECORD SETTING: The Standard & Poor's 500 index and the Dow Jones industrial average both set record highs Thursday, and the S&P 500 crossed the 1,700 mark for the first time.

STEADY STREAM: There was no single piece of news driving the market's advance. Instead, stocks were propelled by a flurry of encouraging, if incremental, news about the global economy, including lower jobless claims in the U.S. and a positive reads on manufacturing in China and the U.S.

A GOOD REVIEW: Yelp jumped 23 percent. The company reported late Wednesday that it sold more ads and attracted more users, though it continued to lose money.