S&P 500 Breaks Above Closing High

After weeks of false starts, the Standard & Poor's 500-stock index finally broke a six-year-old closing high to mark a new record.

The push to record territory came in midmorning trading, as the S&P 500 broke past its previous record close of 1565.15 on Oct. 9, 2007.

The S&P 500 gained 6.34 points, or 0.4%, to 1569. The Dow Jones Industrial Average gained 52.38 points, or 0.4%, to 14578.54, also finishing the quarter at a new closing record. The Nasdaq Composite index tacked on 11.00 points, or 0.3%, to 3267.52.

The S&P 500 had flirted with its closing record for two weeks before finally vaulting over that level Thursday. It had come within five points of the closing high in seven of the past 10 sessions.

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