A record peak for the S&P 500 thanks to technology stocks by Reuters


© Reuters. A record peak for the S&P 500 thanks to technology stocks

(Reuters) – The Standard & Poor’s 500 Index rose to a record high on Thursday, buoyed by gains in tech stocks, a day after the Federal Reserve renewed its pledge to keep interest rates low until the economic recovery takes hold.

The industrial index rose 23.6 points, equivalent to 0.07 percent, to open at 33,469.89 points, and Standard & Poor’s advanced 10 points, or 0.25 percent, to 4,089.95 points, while the Nasdaq Composite Index increased 108 points, or 0.79 percent, to 13,796,892 points.

(Shivani Kumarisan press coverage in Bangalore; Prepared by Ahmed Elhami for the Arabic newsletter)

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