MORE NATIONAL NEWS
United States News
News from the region's first prime-time newscast. You'll find it First On Fox!
S&P 500 index ekes out another record high, its first of 2014; BofA leads rally in bank stocks
Reported by: Associated Press
Reported: Wednesday, January 15, 2014 4:18 PM EST
It was a squeaker, but the Standard & Poor's 500 index closed at its first all-time high of 2014.
Other indexes also rose.
The Dow Jones industrial average climbed 108 points, or 0.7 percent, to 16,481. That's 94 points short of the Dow's own record high, also from Dec. 31.
The Nasdaq rose 31 points, or 0.8 percent, to 4,214.
Bank of America led other bank stocks higher with a 2 percent gain. It reported a surge in profit in the fourth quarter.
Technology stocks also rose sharply. Microsoft rose 2.7 percent and Apple gained 2 percent.