11-07-2016 23:28 via news.yahoo.com

S&P 500 closes at record high on global risk appetite

By Sam Forgione NEW YORK (Reuters) - The U.S. benchmark S&P 500 stock index set record intraday and closing highs on Monday as last week's strong monthly U.S. jobs report worked its way into financial markets, and European shares rose as a single candidate emerged to succeed David Cameron as British prime minister. It overtook the previous highs touched in May 2015 as investors harbored greater optimism about the U.S. economy after last Friday's stronger-than-expected jobs report. The gains
Read more »