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Aug 27, 2014

Futures slightly higher with indexes at records

NEW YORK, Aug 27 (Reuters) – U.S. stock index futures were
slightly higher on Wednesday, suggesting the market’s recent
upswing that has taken indexes to repeated records, was set to
continue with little on the horizon to derail the rally.

* On Tuesday, the S&P 500 closed above 2,000 for the first
time while the Dow ended near a record. Both the Dow and the S&P
have risen in 10 of the past 13 sessions, and the S&P has closed
at a record 30 times this year, according to S&P Dow Jones
Indices.

Aug 26, 2014

Wall St rises, Dow and S&P 500 set intraday records

NEW YORK, Aug 26 (Reuters) – U.S. stocks rose on Tuesday,
with both the Dow and S&P 500 hitting fresh intraday records on
the back of strong consumer data suggesting the market’s
long-running rally could continue.

The day’s gains were broad, with only the telecom
and utility sectors lower on the day. Both groups are
viewed as defensive plays that underperform in periods of
economic expansion. Energy shares, which are highly
correlated to the pace of growth, led the day’s gain with a 0.8
percent advance.

Aug 26, 2014

Wall St edges up, S&P rises back above 2,000

NEW YORK, Aug 26 (Reuters) – U.S. stocks edged higher on
Tuesday, with the S&P 500 rising to a fresh record on strong
consumer data, but gains were capped as investors found few
reasons to make major changes to their portfolios amid a
long-running rally.

The S&P breached 2,000 for the first time on Monday, and
while it closed under that level it still ended at a new high.
Including Tuesday’s move, both the Dow and the S&P have risen in
10 of the past 13 sessions, while the Nasdaq is up for 11 of the
past 13 sessions. Much of the market’s recent gains have come on
low volume, suggesting many traders may be reluctant to jump in
at current levels.

Aug 26, 2014

Futures point to flat Wall St open; S&P 500 near record

NEW YORK, Aug 26 (Reuters) – U.S. stock index futures
pointed to very slight gains at the open on Tuesday, with
investors finding few reasons to buy after a rally in the
previous session that took the S&P 500 index above 2,000 for the
first time.

* The benchmark S&P failed to hold that level Monday, but
ended at a new closing high. Equities have rallied lately, with
the Dow and S&P advancing in seven of the last 10 sessions, and
the Nasdaq climbing in eight.

Aug 26, 2014

Futures flat, few incentives to buy; S&P 500 off record

NEW YORK, Aug 26 (Reuters) – U.S. stock index futures were
little changed on Tuesday, with investors finding few reasons to
buy after a rally in the previous session that took the S&P 500
above 2,000 for the first time.

* The S&P failed to hold that level on Monday, though the
benchmark index ended at a new closing high. Equities have
rallied lately, with both the Dow and S&P advancing in seven of
the last 10 sessions, while the Nasdaq has climbed in eight of
the last 10 trading days.

Aug 26, 2014

Fund managers look to make room for Alibaba

SAN FRANCISCO/NEW YORK, Aug 26 (Reuters) – Investors are
looking over portfolios to make room for Chinese e-commerce
giant Alibaba Group Holdings Inc’s market debut next month – and
that means some less attractive stocks that funds are holding
might be shown the door.

The initial public offering, which could top $16 billion to
become the largest-ever IPO by a technology company, is expected
as early as next month after Alibaba management kicks off a
two-week investor road show after the Labor Day weekend.

Aug 25, 2014

Investors look for more gains as U.S. S&P 500 index hits 2,000 milestone

NEW YORK, Aug 25 (Reuters) – The U.S. S&P 500 stock
index broke through the landmark 2,000 level on Monday, marking
a six-year rally which has benefited many Americans from Wall
Street to Main Street.

During that time the unemployment rate has fallen from a
high of 10 percent in December 2009 to a low of 6.1 percent in
June of this year, but the rally is still seen as largely
benefiting wealthier Americans as paltry wage rises have left
most Americans with little to invest in retirement accounts.

Aug 25, 2014

S&P 500 tops 2,000; analysts see more gains ahead

NEW YORK, Aug 25 (Reuters) – The S&P 500 vaulted above 2,000
for the first time on Monday, with financials and biotechnology
stocks lifting the benchmark index to a new record as investors
bet on equities as a preferred asset over bonds.

The significance of the milestone was more psychological
than fundamental, and it represents the cumulation of a six-year
rally that has boosted retirement accounts for Americans from
Wall Street to Main Street, though the gains have largely
benefited wealthier Americans. On a total-return basis the S&P
500 has more than tripled from its 2009 low hit during the
financial crisis.

Aug 25, 2014

S&P 500 tops 2,000 for first time in broad advance

NEW YORK, Aug 25 (Reuters) – The S&P 500 stock index rose to
an intraday record on Monday, topping 2,000 for the first time
in a broad rally led by financial and biotechnology stocks.

Major indexes opened higher, with the benchmark index
hitting a record early in the session, though it didn’t cross
the 2,000 milestone until shortly after 10 a.m. (1400 GMT)
Equities were boosted by corporate merger activity and growing
hopes for more monetary stimulus in European markets.

Aug 25, 2014

U.S. S&P 500 stock index hits 2,000 milestone

NEW YORK, Aug 25 (Reuters) – The U.S. S&P 500 stock
index broke through the landmark 2,000 level on Monday, marking
a six year rally which has benefitted many Americans from Wall
Street to Main Street.

During that time the unemployment rate has fallen from a
high of 10 percent in December 2009 to a low of 6.1 percent in
June this year, but the rally is still seen has largely
benefiting wealthier Americans, as paltry wage rises have left
most Americans with little money to invest in retirement
accounts.