S&P 500, Dow hit new records on earnings optimism; safe-havens slip
By Sam Forgione NEW YORK (Reuters) - Two major U.S. stock indexes set fresh intraday record highs on Thursday on investors' rosy outlook for big banks' second-quarter earnings, while European shares also rose and oil prices rebounded from the previous session's bruising losses. The view that the U.S. economy is on solid footing, as well as reduced political uncertainty in Britain and Japan, have also buoyed stocks. The benchmark S&P 500 hit 2,168.99, its fourth straight intraday record peak,
Read more »