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The close: S&P 500 hits new record high Add to ...

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The S&P 500 rose to a record high close on Thursday, eclipsing its 2007 peak after four years of spectacular gains.

The benchmark index closed at 1569.19, up 6.34 points or 0.4 per cent. The blue-chip Dow Jones industrial average closed at 14,578.54, up 52.38 points or 0.4 per cent – hitting a new record of its own. In Canada, the S&P/TSX composite index closed at 12,749.90, up 50.25 points or 0.4 per cent.

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