US STOCKS-S&P 500 scores first close above 2,000; data helps

martes 26 de agosto de 2014 16:46 GYT
 

* U.S. consumer confidence hits highest since October 2007

* Best Buy tumbles after results, DSW rises

* Digital Ally gains further, up over 250 pct in August

* Dow up 0.2 pct; S&P 500 up 0.1 pct; Nasdaq up 0.3 pct (Updates to close)

By Chuck Mikolajczak

NEW YORK, Aug 26 (Reuters) - U.S. stocks edged higher on Tuesday to lift the S&P 500 just a hair above the 2,000 mark, its first close above that milestone, after data that pointed to a brighter future for the economy.

Energy shares, which closely track the pace of growth, led the day's gain. The S&P energy index rose 0.5 percent and ranked as the best performer of the 10 major S&P sectors.

The S&P 500 hit an intraday high of 2,005.04, climbing above the 2,000 mark for the second straight day. On Monday, though, the benchmark could not hold on to that mark and ended at 1,997.92. With Tuesday's move, both the Dow and the S&P 500 have risen in 10 of the past 13 sessions, while the Nasdaq is up for 11 of the past 13 sessions.

However, much of the market's recent gains have come on low volume, suggesting that many traders may be reluctant to jump in at current levels.   Continuación...