S 500 Hits 1,900 For The First Time
The Standard & Poor’s 500 index crossed above 1,900 for the first time Tuesday as investors assessed news on retail sales. DirecTV gained on reports that the AT&T is poised to buy the company for nearly $50 billion. The S&P 500 and Dow both had closed at record levels Monday as investors regained their appetite for riskier stocks. Stocks such as Twitter and Facebook, which had plunged in March and April, were among the big gainers
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