above 1400 since June 5, 2008. The S&P 500 is now up 11% this year.
Pushing through the milestone comes after the Dow surpassed 13000 and
the Nasdaq Comp advanced above 3000 for the first time in more than 11
years.
Firmer readings on the labor market and manufacturing activity have
set the stage for today's gains.
Not surprisingly, financials are leading the charge higher. Financials
are the S&P 500′s best-performing sector this year, up more than 20%.
Tech is a close second, up about 20%, while consumer discretionary
stocks are up 14% and industrials have advanced 12%.
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