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Stock market jumps to record high

July 13, 2016 By: Stephen Dietrich

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The stock market reached another milestone Tuesday as the Dow Jones industrial average closed at a record high. A day earlier, the broader Standard & Poor’s 500, a widely used benchmark for index funds, also reached a record-high close. Both indexes beat peaks set in May 2015.

On Tuesday:

The Dow Jones industrial average climbed 120.74 points, or 0.7 percent, to 18,347.67.

The Standard & Poor’s 500 index added 14.98 points, or 0.7 percent, to 2,152.14.

The Nasdaq composite added 34.18 points, or 0.7 percent, to 5,022.82.

For the week:

The Dow is up 200.93 points, or 1.1 percent.

The S&P 500 is up 22.24 points, or 1 percent.

The Nasdaq is down 66.06 points, or 1.3 percent.

For the year:

The Dow is up 922.64 points, or 5.3 percent.

The S&P 500 is up 108.20 points, or 5.3 percent.

The Nasdaq is up 15.41 points, or 0.3 percent.

The Associated Press contributed to this article. 

About the Author

Stephen Dietrich

Stephen is a U.S. Army veteran with over a decade of combined experience in political commentary, economics, and news.

Comments

  1. Jim says

    July 13, 2016 at 1:23 pm

    These are the Bush’s, the Koch Brothers, and other sore losers like Lindsay Graham, and others who just cannot accept that an outsider is capable of gaining the party’s nomination. I hate to say this; however, if these dump Trump groups orchestrated by Kristol and his crew pull this BS, instead of picking up their marbles and going home, you are going to see riots in the conventional hall that will make anything Black Lives Matter has done to date. Trump has a great deal of grassroots support, conservative or otherwise, he is for the American people, and he won the primaries and enough delegates for the nomination. I cannot believe this group of pansies like Jeb, Lindsey, and money men like the Koch Brothers, are trying to take this victory away from the American voters. These folks need to grin and bare it, don’t vote for Trump in November, or if they are really committed, do what the Japanese do when they are dishonored.

    • Arthur Hartsock says

      July 18, 2016 at 10:58 am

      What article are you reading?

  2. Justin W says

    July 13, 2016 at 5:01 pm

    I guess this shows all the one world government crowd that the markets aren’t going to collapse because a country decided to reclaim its sovereignty.

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