Business

S&P 500 Closes at New High

The S&P crossed into record territory- the major indexes all closing with gains. Hewlett-Packard the biggest boost to the S&P 500- after a surprise increase in quarterly revenue. Markets looking towards Janet Yellen's speech in Jackson Hole, Wyoming on Friday. James E. Coffey Securities' Greg Keating: "The speech will revolve around the labor market. But what the markets participants should really be looking for are any hints as to when that rate hike is going to happen."

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