Business

S&P 500 trades above 1,900 points for first time

By Washington Examiner
Published May 13, 2014 8:07pm ET
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S&P 500 trades above 1,900 points for first time
Traders John Santiago, left, and William McInerney, right, work on the floor of the New York Stock Exchange, Tuesday, May 13, 2014. 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. (AP Photo) | AP

NEW YORK (AP) — The Standard & Poor’s 500 index traded above 1,900 points for the first time but closed just shy of that milestone.

The closely watched U.S. stock market indicator traded as high as 1,902, but wound up closing at 1,897, up less than a point on the day. It’s still an all-time high for the index.

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Financial Markets Standard and Poors