Posted by: youngragingbull | January 24, 2013

S&P 500 hits 1,500 for the first time since 2007

The S&P 500 index rose above the 1,500 level for the first time since December 2007 on Thursday after data boosted optimism about the U.S. economy.

The S&P 500 rose as high as 1,501.34 a few minutes after 10 a.m., with consumer discretionary the top gainer and technology the only decliner among its 10 major industry groups.

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