US STOCKS-S&P 500 ends at record on housing, HP; transports fly

viernes 23 de mayo de 2014 17:05 GYT
 

* Hewlett-Packard shares soar after announcing job cuts

* DJ Transportation Average ends at a record high

* CBOE Volatility Index, or VIX, at lowest level since March 2013

* Dow up 0.4 pct; S&P 500 up 0.4 pct; Nasdaq up 0.8 pct (Updates to close)

By Angela Moon

NEW YORK, May 23 (Reuters) - The S&P 500 closed at a record high on Friday, buoyed by a rally in housing stocks after better-than-expected home sales and a jump in Hewlett-Packard shares a day after the personal computer maker said it would cut more jobs.

The S&P 500 ended above 1,900, just below a record intraday high of 1,902.17 set on May 13 and above its record closing high of 1,897.45 the same day.

Eight of the 10 S&P sector indexes ended higher for the day.

The Dow Jones Transportation Average rose 0.8 percent to close at a record high, after hitting a lifetime intraday high of 7,995.39.   Continuación...