Traders John Santiago, left, and William McInerney, right, work on the floor of the New York Stock Exchange.
ASSOCIATED PRESS Enlarge
NEW YORK — The Standard & Poor’s 500 index traded above 1,900 points for the first time but closed just shy of that milestone.
The closely watched U.S. stock market indicator traded as high as 1,902, but wound up closing at 1,897, up less than a point on the day. It’s still an all-time high for the index.
The Dow Jones industrial average also reached another all-time high. The Dow gained 19 points, or 0.1 percent, to 16,715 today.
The Nasdaq composite was the laggard on a mostly quiet day of trading. The technology-focused index fell 13 points, or 0.3 percent, to 4,130.
Keurig Green Mountain surged 8 percent after Coca-Cola raised its stake in the coffee company.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.61 percent.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.