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S&P 500 in longest winning streak since 2004

7:00 AM, Jan 28, 2013   |    comments
A sign for Wall Street is seen just outside the New York Stock Exchange.(Photo: Timothy A. Clary, AFP/Getty Images)
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NEW YORK (AP) - Investors are poised to find out if the Standard & Poor's 500 index can continue its rally. On Friday, the S&P closed above 1,500 for the first time since the start of the Great Recession in 2007. It was lifted by strong earnings from Procter & Gamble and Starbucks.

The S&P 500 closed at 1,502, 96, up eight points, or half a percent. It was the eighth straight gain, the longest winning streak since November 2004.

The Dow Jones industrial average closed at 13,895.98, up nearly 71 points. The Nasdaq gained 19 points to 3,149.

 

 

 

 

 

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