Business

Stock market touches another record

By Steve Rothwell
Published May 12, 2014 9:35pm ET
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Stock market touches another record
FILE - This Monday, July 15, 2013 file photo shows the American flag and Wall St. street sign outside the New York Stock Exchange, in New York. Stocks are opening higher on Wall Street Monday, May 12, 2014, sending major indexes to their latest all-time highs. (AP Photo/Mark Lennihan, File) | Mark Lennihan

NEW YORK (AP) — The stock market returned to record levels on Monday as investors regained their appetite for riskier stocks.

After beating down Internet and small companies for two months, investors decided that those stocks had fallen enough. Among the big gainers were Twitter and Facebook, which had plunged in March and April. The Russell 2000, an index made up of small companies, climbed the most in two months.

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