500-stock index nudged briefly past the 2000
The stock market notched another first Monday as the Standard & Poor’s 500-stock index nudged briefly past the 2000-point mark and closed with its second record high in a week.
News on Monday that Burger King was in talks to acquire doughnut chain Tim Hortons and create a new holding company headquartered in Canada had stocks pointing higher in premarket trading. That built on word over the weekend that California biotech company InterMune agreed to sell itself to Swiss pharmaceutical company Roche for $8.3 billion.
The S&P 500, a widely followed barometer of the stock market, crossed above 2000 in the first hour of trading. The index fluctuated above and below the milestone throughout the day and ended just below that mark.
this was on monday..higher they go..the harder they fall..america, how much debt do you owe?