S&P 500 hits record high on strong economy, earnings bets

By Rodrigo Campos NEW YORK (Reuters) - The S&P 500 broke a record high on Monday it held for more than a year, as a string of upbeat economic data alongside low bond yields continued to funnel investors into U.S. equities. This outperformance in high-yielding areas of the market underscores longstanding investor concerns over the economy's resilience in the face of global stagnation and feeds into the idea that ultra low bond yields have pushed fixed income investors into stocks. "We don&rsq