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S&P 500 touches 2,000 points as deals continue

The Columbian
Published: August 24, 2014, 5:00pm

NEW YORK — Summer doldrums? Not on Wall Street.

The stock market notched another first on Monday as the Standard & Poor’s 500 index nudged briefly past the 2,000-point mark and closed with its second record high in a week.

The move was the latest milestone in a five-year rally for U.S. stocks, which are enjoying a late-summer revival after dipping earlier this month on concerns about rising geopolitical tensions in Russia and the Middle East.

All told, the S&P 500 added 9.52 points, or 0.5 percent, to 1,997.92. It closed at a record last Thursday at 1,992.37.

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