S&P 500 Crosses 2,700 as Record-Breaking Streak Resumes: Chart
(Bloomberg) -- U.S. stocks plowed into the new year in much the same way they performed throughout 2017: breaking records and passing milestones. The S&P 500 Index pushed its two-day gain to as much as 1.3 percent, surpassing 2,700 for the first time Wednesday as technology companies added to last year's 37 percent rally and analyst upgrades stoked gains in consumer-discretionary shares. The latest 100-point surge is the fifth in less than 12 months.
To contact the reporter on this story: Richard Richtmyer in New York at rrichtmyer@bloomberg.net.
To contact the editors responsible for this story: Arie Shapira at ashapira3@bloomberg.net, Jeremy Herron, Sophie Caronello
©2018 Bloomberg L.P.
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