S&P Pulls Within Two Points Of All-Time High

Stocks continued to grind higher Thursday, with the Dow Jones Industrial Average extending its winning streak to double-digits while the S&P 500 also closed high to pull within two points of its all-time top.

The markets started the session in the green and stayed there for the duration after the Labor Department announced another drop in new jobless claims for the week ended March 9.

Energy stocks were the sector leader, rising well over 1% as a group, followed by gains for shares of materials and technology companies. Healthcare and consumer discretionary stocks were the relative laggards, ending little changed. [Via]

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