Epic Research Update : US Markets

The S&P 500 closed at a record on Thursday and ended in positive territory for the year after Federal Reserve Chair Janet Yellen said harsh weather seems to be to behind recent US economic softness.

The Dow Jones industrial average rose 74.24 points or 0.46 percent, to end at 16,272.65. The S&P 500 gained 9.13 points or 0.49 percent, to finish at 1,854.29, surpassing its previous record closing high set on January 15.

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