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Late recovery gives S&P 500 another record close

By The Associated Press
Posted 4:39PM on Thursday 19th June 2014 ( 9 years ago )
A late push higher left stock indexes mostly higher and the Standard & Poor's 500 at another record high Thursday.<br /> <br /> It was the fifth straight gain for S&P 500.<br /> <br /> The market drifted between small gains and losses for much of the day before a slight recovery in the last half hour.<br /> <br /> The S&P 500 rose two points, or 0.1 percent, to 1,959.<br /> <br /> The Dow Jones industrial average rose 14 points, or 0.1 percent, to 16,921. The Nasdaq composite lost three points, or 0.1 percent, to 4,359.<br /> <br /> Kroger rose 5 percent after the supermarket operator raised its earnings forecast for the year. American Apparel jumped 7 percent after the company's board said it would fire the CEO.<br /> <br /> Bond prices fell. The yield on the 10-year Treasury note rose to 2.63 percent.<br /> <br />

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