Comment on S&P 500 index closes above 1,800 for first time

S&P 500 index closes above 1,800 for first time

Biotechnology company Biogen Idec surged on reports that it won market exclusivity for its top-selling multiple sclerosis drug in Europe. Major indexes have surged as solid corporate earnings, a strengthening economy and easy-money policies from the Federal Reserve have drawn investors to stocks.

 

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