FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid
April 29, 2019
(Reuters) – The S&P 500 hit an all-time high for the first time since late September on Monday, buoyed by upbeat consumer spending data and a largely positive earnings that helped restore investors’ faith in the decade-long bull run.
The benchmark index crossed its record high of 2,940.91 hit on Sept. 21, a day after hitting another closing record high.
At 9:32 a.m. ET the Dow Jones Industrial Average was up 4.92 points, or 0.02 percent, at 26,548.25, the S&P 500 was up 1.36 points, or 0.05 percent, at 2,941.24 and the Nasdaq Composite was up 7.17 points, or 0.09 percent, at 8,153.57.
(Reporting by Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur)
