Dow, S&P 500 close at record highs, again
Published: May 15, 2013 10:01AM
Updated: May 14, 2013 02:25PM
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(AP Photo/Richard Drew) For the year so far, the Dow has climbed 17.2 percent, while the S&P 500 has gained 16.8 percent and the Nasdaq has advanced 15.9 percent.

New York • The stock market is back in record territory after an upturn in small-company stocks.

A survey released Tuesday by the National Federation of Independent Business found that small business owners were slightly more optimistic in April.

That helped send the Russell 2000 index of small company stocks up 1.3 percent, more than other market indexes.

The Dow Jones industrial average rose 123 points to close at a record 15,215 Tuesday, a gain of 0.8 percent. It was the 18th straight Tuesday of gains for the Dow.

The Standard and Poor’s 500 index rose 16 points, to 1,650, or 1 percent.

The Nasdaq composite rose 23 points, to 3,462, a gain of 0.7 percent.

Sony jumped 10 percent after a hedge fund manager proposed that the company be broken up.