S&P 500 breaks through 1,500, first time since '07
NEW YORK (AP) — The Standard & Poor's 500 index traded above 1,500 for the first time since December 2007 following a sudden drop in claims for unemployment benefits, another sign that the labor market is healing.
A plunge in Apple's stock pulled the Nasdaq composite index lower. The electronics giant predicted slower sales.
The Dow Jones industrial average was up 66 points at 13,846 after the first hour of trading.