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US STOCKS SNAPSHOT-Wall St hits new record as Bank of America gains
May 6, 2013 / 8:06 PM / 4 years ago

US STOCKS SNAPSHOT-Wall St hits new record as Bank of America gains

NEW YORK, May 6 (Reuters) - The S&P 500 edged up on Monday to yet another record closing high, pushing further above 1,600 and extending Friday’s rally as financial shares led the way after Bank of America’s settlement with MBIA.

The Dow Jones industrial average dropped 5.07 points, or 0.03 percent, to finish unofficially at 14,968.89. The Standard & Poor’s 500 Index gained 3.09 points, or 0.19 percent, to finish unofficially at a record 1,617.51. The Nasdaq Composite Index gained 14.34 points, or 0.42 percent, to close unofficially at 3,392.97.

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