S&P 500 reaches new peak on mixed day for stocks
In this Monday, March 3, 2014, file photo, specialist Gregg Maloney works on the floor of the New York Stock Exchange. The S&P 500 Thursday jumped to a new record high on a mixed day for stocks as investors looked ahead to Friday’s monthly jobs report. AP PHOTO/RICHARD DREW
NEW YORK—The S&P 500 Thursday jumped to a new record high on a mixed day for stocks as investors looked ahead to Friday’s monthly jobs report.
At the closing bell, the S&P 500 added 3.35 (0.18 percent) at 1,877.16, besting a record for the second time in three days.
The Dow Jones Industrial Average rose 62.36 (0.38 percent) to 16,422.54, while the tech-rich Nasdaq Composite Index slipped 5.85 (0.13 percent) to 4,352.13.
US initial jobless claims for the week ending March 1 fell more than expected, by 26,000 to a three-month low of 323,000.
