S&P 500 Passes 1900 for First Time in History

A trader works on the floor of the New York Stock Exchange. (Getty Images)
A trader works on the floor of the New York Stock Exchange. (Getty Images)

Stock investors have 1,900 more reasons to cheer, as the benchmark Standard & Poor’s 500 stock index climbed above the 1900 level for the first time in history in early trading Tuesday.

The S&P 500 briefly climbed as high as 1900.82 around 9:50 a.m. ET. It is up about 3 points or 0.15% in early trading.

It took the closely followed index 171 days to climb from 1800 to 1900, which was slower than the prior 100-point jumps needed to top 1800 and 1700 for the first time.

SOURCE:  
USA Today

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