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FinanceTerm Sheet

S&P 500 finishes at record high

By
Tom Huddleston Jr.
Tom Huddleston Jr.
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By
Tom Huddleston Jr.
Tom Huddleston Jr.
Down Arrow Button Icon
May 28, 2014, 2:16 PM ET
Chris Mondros—Getty Images

FORTUNE — The S&P 500 (SPX) set another record high on Tuesday as investors snapped up shares amid encouraging signs of strengthening economy.

The index ended the day up 0.6% at 1,911.91 after reaching an intra-day high of 1,912.28. It was the fourth straight daily gain following more than a week of bumpy trading that saw the index close as low as 1,870.85.

MORE: Pilgrim’s Pride willing to pay premium for Hillshire’s brands

The Dow Jones Industrial Average and the NASDAQ also got boosts on Tuesday after experiencing a similarly bumpy two weeks prior to Memorial Day weekend. The Dow, which also set trading records earlier this month before tumbling several hundred points, closed today up 0.42% at 16,675.50. The NASDAQ has climbed more than 140 points in the past week and finished Tuesday up 1.2% at 4,237.07 – the index’s highest point since the first week of April.

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By Tom Huddleston Jr.
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