Financial Times FT.com

S&P 500, Dow close at all-time high

By Michael Mackenzie in New York

Published: July 19 2007 13:56 | Last updated: July 19 2007 22:24

Wall Street rallied on Thursday as positive sentiment in the technology sector helped investors shrug off fresh worries about the hard-hit US subprime mortgage market.

The bullish mood propelled the S&P 500 to a record close, while the Dow Jones Industrial Average settled above 14,000 for the first time.

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