NEW YORK The Standard & Poor's 500 index is closing at a record high and has turned positive for the year.
The all-time high Thursday came after solid results from a number of U.S. companies including Mylan, a drug maker, and several retailers.
The S&P 500 has fallen just short of a record the previous three days.
On Thursday, the index increased nine points, or 0.5 percent, to 1,854, beating its Jan. 15 record by six points.
The Dow Jones industrial average rose 74 points, or 0.5 percent, to 16,272. The Nasdaq climbed 26 points, or 0.6 percent, to 4,318.
J.C. Penney jumped 25 percent after the department store operator swung to a profit in the fourth quarter after posting a big loss in the same period a year earlier.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to email@example.com. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.