WHILE INVESTORS TRADED high-fives over the Dow Jones Industrial Average hitting 27,000, there was a high 500 to celebrate as well. Even if it didn't garner nearly as much notice, the S&P 500 index slipped past the 3,000 mark for the first time; the Nasdaq composite likewise shattered its previous record the day before, closing at 8,203.
For an encore, the S&P capped the week with another all-time record: $3,013.77, to be precise. So you can't exactly blame investors for breaking out the punchbowl with giddy toasts:
Read Full Article »