Stocks Push Toward Record

From nytimes.com

Resisting expectations of a correction, Wall Street stocks traded higher Thursday, with the Dow Jones industrial average within striking distance of an all-time high. Investors found reasons to keep pushing markets higher following a sharp two-day rally, despite a read on economic growth that was weaker than expected. In afternoon trading, the Dow Jones industrial average added 0.5 percent, taking it about 25 points shy of its October 2007 closing high. The Standard & Poor’s 500-stock index rose 0.6 percent and the Nasdaq composite index advanced 0.6 percent The Commerce Department said Thursday that the ... (full story)