NEW YORK: US stock registered record gains as health-care and materials shares closed in positive zone.
The Standard & Poor’s 500 Index (SPX) rose 0.5 percent to close at 2,051.80 in New York, its biggest gain since Nov. 5, while the Dow Jones Industrial Average added 0.2 percent, also reaching a record.
Nine of the 10 main S&P 500 groups advanced amid the index’s first move of more than 0.1 percent in six days. Medtronic Inc. and Actavis Plc drove gains among health-care companies.