S&P 500 Comes Within a Point of Record High Close

Dow, Nasdaq also close higher
By Newser Editors and Wire Services
Posted Jul 8, 2016 3:16 PM CDT
S&P 500 Comes Within a Point of Record High Close
Trader Christopher Morie, foreground, works on the floor of the New York Stock Exchange, Tuesday, July 5, 2016.   (AP Photo/Richard Drew)

Stocks closed with big gains on Wall Street after a solid jobs report for June, putting the Standard & Poor's 500 index within a point of its record high close reached a bit more than a year ago, the AP reports. The rally was extraordinarily broad. Nearly all of the stocks in the S&P 500 index rose Friday. Materials and industrial companies rose the most. DuPont and Caterpillar each rose 3%. Gap jumped 5% after reporting strong sales for June. The Dow Jones industrial average rose 250 points, or 1.4%, to 18,146. The Standard & Poor's 500 index gained 32 points, or 1.5%, to 2,129. The Nasdaq composite rose 79 points, or 1.6%, to 4,956. (Read more Dow Jones stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.