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* Benchmark S&P 500 above record closing high level
* Indexes up: Dow 1.2%, S&P 500 1.5%, Nasdaq 2.2%
(Updates with S&P touching milestone)
By Caroline Valetkevitch
Aug 12 (Reuters) - The S&P 500 traded above its record
closing high on Wednesday in a broad rally led by tech stocks.
In afternoon trading, the benchmark index was above the
record high close of 3,386.15 from Feb. 19, before the onset of
the coronavirus crisis in the United States that caused one of
Wall Street's most dramatic crashes in history.
If it manages a close above that level, the high would
confirm, according to a widely accepted definition, that Wall
Street's most widely followed index has been in a new bull
market since its pandemic low on March 23.
Heavyweights Microsoft Corp MSFT.O , Amazon.com Inc
AMZN.O and Apple Inc AAPL.O were among the top boosts to the
S&P 500.
The Dow Jones Industrial Average .DJI rose 341.24 points,
or 1.23%, to 28,028.15, the S&P 500 .SPX gained 53.42 points,
or 1.60%, to 3,387.11 and the Nasdaq Composite .IXIC added
245.45 points, or 2.28%, to 11,028.27.
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US STOCKS-S&P 500 trades above closing record high level
Published 12/08/2020, 20:28
Updated 12/08/2020, 20:30
US STOCKS-S&P 500 trades above closing record high level
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