U.S. Stocks Reach Another Milestone as S&P 500 Vaults Past 2,500
- Health-care, tech stocks lead in latest 100-point trip
- Both Dow industrials and Nasdaq back to all-time highs
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Sept. 15, 2017. Rediscovering their love for U.S. stock funds, investors added the most money since June during the past week, as the Trump administration plotted strategy for pushing a tax overhaul and the S&P 500 rose to a record.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
The S&P 500 Index powered past 2,500 for the first time, notching its third round-number milestone of the year as the bull market in U.S. equities rages on.
The benchmark gained 0.2 percent to 2,500.23 Friday, capping its biggest weekly advance since January, as technology shares rebounded and banks climbed with Treasury yields. Up 12 percent since January, the S&P 500 is on course for its best annual gain in four years.