Wednesday, May 30, 2007

U.S. Stocks Rise as Energy Shares Surge; S&P 500 Index Closes at Record

(Bloomberg) -- U.S. stocks rose for a third day,
pushing the Standard & Poor's 500 Index to a record, after a
jump in oil prices lifted shares of energy producers.

The S&P 500 rose 12.12, or 0.8 percent, to 1530.23, above
its March 2000 record close of 1527.46. The Dow Jones Industrial
Average added 111.74, or 0.8 percent, to 13,633.08, its 25th
record this year. The Nasdaq Composite Index increased 20.53, or
0.8 percent, to 2592.59.


Read more at Bloomberg Stocks News

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