Friday, October 9th13.1°C

S&P 500 index rises above its record

The Standard & Poor's 500 index is trading above its previous closing high reached in October 2007, a year before the peak of the financial crisis.

The S&P 500 was up four points, or 0.3 per cent, at 1,567 shortly before noon Eastern time Thursday. That's two points above its record close.

The Dow Jones industrial average rose 46 points, or 0.3 per cent, to 14,572. The Nasdaq composite rose four points, 0.1 per cent, to 3,260.

Research In Motion, the maker of BlackBerry smartphones, rose 3 per cent to $14.95 after surprising analysts with a profitable quarter and better-than-expected sales of its touch-screen BlackBerry 10s.

The government reported that the U.S. economy grew faster than first estimated in the fourth quarter. However the annual rate of 0.4 per cent was still anemic.

The Canadian Press

Read more Business News


Recent Trending

Today's Market
S&P TSX13978.66+110.31
S&P CDNX547.04+4.59
S&P 5002013.43+17.60
CDN Dollar0.7719+0.0034
Natural Gas2.491-0.007

Okanagan Companies
Pacific Safety0.23+0.01
QHR Technologies Inc1.23-0.02
Metalex Ventures0.05+0.00
Russel Metals21.55-1.57
Copper Mountain Mining0.61-0.02
Colorado Resources0.07-0.01
ReliaBrand Inc0.0166+0.0135
Sunrise Resources Ltd0.02+0.00
Mission Ready Services0.08-0.01
Decisive Dividend Corp3.11-0.10
Diamcor Mining0.94+0.06



24252806934 Terazona Drive
3 bedrooms 2 baths
more details
Click here to feature your property
Please wait... loading

Income for life?

Photo: Thinkstock.comIn almost every conversation I have with clients these days, the topic swings to interest rates. What direction they’re going, how long will they stay where they are and how...

Perfect (reno'd) home

Photo: Thinkstock.comHow many times have you found a home in the perfect location, but it needs too much work as per the home inspection? There is a great program available through most lenders that w...

5 Claim misconceptions

Photo: Thinkstock.comIf you have been hurt in an accident or as a result of medical negligence you will likely look to your friends and family for some advice on how to deal with the situation. These ...




Member of BC Press Council