US STOCKS-S&P hits record high as U.S. economic outlook brightens

lunes 11 de julio de 2016 14:14 GYT
 

* Dow touches more than 13-month high, Nasdaq at 2016 high

* Amazon gives biggest boost to S&P

* Indexes up: Dow 0.68 pct, S&P 0.53 pct, Nasdaq 0.81 pct (Adds details, comment, updates prices)

By Yashaswini Swamynathan

July 11 (Reuters) - The S&P 500 hit a record intraday high on Monday, extending a rally fueled by stellar jobs data that underscored the resilience of the U.S. economy amid global uncertainty.

The benchmark index, which struggled to break past its May 2015 record in recent months, hit a record intraday high of 2,141.11. At 13:33 p.m. ET, the index was up 11.21 points, or 0.53 percent.

Seven of the 10 major S&P sectors higher. Industrials and consumer staples also hit record highs.

The other main indexes also notched up milestones - the Nasdaq was trading at its highest level this year, while the Dow hit a more than 13-month high.

"You have Brexit and global stagnation, but underneath that we keep getting really good economic numbers and that is forcing the (stock) market to new highs," said Jim Paulsen, chief investment strategist at Wells Capital Management.   Continuación...