S&P 500 Hits New High Because It Can; Dow Industrials Back Above 17,000

Don’t look now but the S&P 500 has hit a new high–again. REUTERS The S&P 500 has gained 0.4% to 1,993.86 at 3:30 p.m., which would be a record if the benchmark manages to close around here. The Dow Jones Industrial Average, meanwhile, has risen 0.5% to 17,064.66–putting itself back on the right side of [...]