Friday, October 31st8.1°C
21625
23883

Reaching another milestone, the Standard & Poor's 500 index closes above 2,000 points

NEW YORK, N.Y. - It was a big round-number day for the stock market.

The Standard & Poor's 500 index closed above 2,000 points Tuesday for the first time, but just barely. It edged up 2.10 points to 2,000.02 points.

It's been 16 years since the index closed above 1,000 points for the first time.

Stocks moved higher after some encouraging news, including a surge in consumer confidence.

The Dow Jones industrial average rose 29 points, or 0.2 per cent, to 17,106. The Dow is 32 points shy of its own record closing high set July 16.

The Nasdaq rose 13 points, or 0.3 per cent, to 4,570. The Nasdaq is still well below its dot-com era record.

Bond prices were flat. The yield on the 10-year Treasury note held at 2.40 per cent.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX14458.69-68.88
S&P CDNX771.65-9.42
DJIA17195.42221.11
Nasdaq4566.138+16.912
S&P 5001994.65+12.35
CDN Dollar0.8932-0.0002
Gold1171.80-26.7999
Oil80.97+0.07
Lumber322.40-1.20
Natural Gas3.715+0.066

 
Okanagan Companies
Pacific Safety0.11+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.150.00
Cantex0.045-0.015
Anavex Life Sciences0.1711-0.0089
Metalex Ventures0.0350.00
Russel Metals32.22-0.35
Copper Mountain Mining1.97-0.05
Colorado Resources0.14+0.005
ReliaBrand Inc0.012-0.004
Sunrise Resources Ltd0.05+0.025
Mission Ready Services0.375+0.005

 





FEATURED Property
2103699#119, 4450 Gordon Drive
$598,395
more details
image2image2
Click here to feature your property
Please wait... loading


Empty nesting: financial issues

Now that the children have ‘left the nest’, it is a good time to step back and take stock of your financial situation. Being on your own will probably cut household costs to some extent, b...


Keep your haunted home safe

Eerie sounds, spooky lights and Jack-o’-lanterns aglow—extra efforts at Halloween will keep visitors coming back for both tricks and treats. However, to keep the fun going, it’s imp...


What I learned in China

Photo: ContributedI will never be an expert on China. It is just too big, too complex and too old with layers of history and meaning that would take several lifetimes to unravel. As I said to my hosts...

_








Member of BC Press Council


22771