Topics

European Central Bank
Dow, S&P 500 edge further into record territory
Dow, S&P 500 edge further into record territory

Solid profits for big companies and optimistic economic news helped nudge the stock market to another record high Thursday. In European markets, losses turned to gains when the head of the European Central Bank said he was ready to take more steps to revive the region's struggling economy. The news knocked the euro to a two-year low against the dollar. Whole Foods Market jumped 12 percent, the biggest gain in the Standard & Poor's 500 index, after reporting higher quarterly earnings than analysts had expected. Whole Foods climbed $4.33 to end the day at $44.34. “The news is encouraging today,” said David Joy, chief market strategist at Ameriprise Financial....

Loading