U.S. stocks rose, sending the Standard & Poors 500 Index to an all-time high, as industrial and commodity shares rallied while data boosted confidence in the economy before Fridays jobs report.
The S&P 500 rose 0.4 percent to 2,074.18 at 4 p.m. in New York. The Dow Jones Industrial Average extended a record, climbing 31.27 points, or 0.2 percent, to 17,910.82. The Russell 2000 Index jumped 0.9 percent.
The S&P 500 climbed topped its record of 2,072.83 reached on Nov. 28, after weaker Black Friday sales and oil prices had dragged stocks lower. The gauge has rebounded 11 percent from a low in October amid optimism the economy is strong enough to withstand a slowdown overseas and tighter monetary policy after the Federal Reserve wound up its asset-purchase program.
Source : Bloomberg