NEW YORK (AP) — Stocks rose in afternoon trading Thursday, pushing the Standard & Poor’s 500 into record territory again, as investors responded to encouraging results from several retailers and analyzed comments from Federal Reserve Chair Janet Yellen. J.C. Penney and Kohl’s were among the gainers.
KEEPING SCORE: The Standard & Poor’s 500 index was up eight points, or 0.4 percent, at 1,853 as of 2:23 p.m. Eastern time. The Dow Jones industrial average climbed 72 points, or 0.4 percent, to 16,270. The Nasdaq composite rose 28 points, or 0.7 percent, to 4,320.
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