INQUIRER.net: Dow, S&P 500 hit record highs on earnings, Fed

INQUIRER.net Philippine News for Filipinos

Dow, S&P 500 hit record highs on earnings, Fed Jul 18th 2013, 23:40 NEW YORK CITY—The Dow and the S&P 500 closed at new record highs Thursday on robust corporate earnings reports and the latest reaffirmation of the Federal Reserve's easy-money policy.   The Dow Jones Industrial Average rose 78.02 (0.50 percent) to 15,548.54.   The broad-market S&P 500 ended 8.46 (0.50 percent) higher at 1,689.37.   The rally solidly topped both indices' prior closing records set Monday of 15,484.26 on the blue-chip Dow and 1,682.50 on the S&P 500.   The tech-rich Nasdaq Composite Index, meanwhile, eked out a gain of 1.28 (0.04 percent) to 3,611.28 after some disappointing earnings reports, including from Dow m... Keep on reading: Dow, S&P 500 hit record highs on earnings, Fed Media files: Wall-Street6-1024x682.jpg (image/jpeg)

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