Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

S&P 500 index closes at record high as stock rally continues


Richard Drew – AP

Trader Peter Tuchman worked on the floor of the New York Stock Exchange Thursday, a day when the S&P 500 hit a new record and the Dow Jones industrials closed in on its all-time high.

Wall Street capped a broad rally for stocks Thursday by driving the S&P 500 index to an all-time high.

The milestone, which eclipsed the benchmark index's last record close on April 30, underscores a swift rebound for the market in June that has erased the losses from a 6.6% dive in May. The major U.S. stock indexes are up more than 7% so far this month.


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