While you were sleeping: Wall Street hits record

Mon, 25 Aug 2014

By Margreet Dietz Aug. 26 (BusinessDesk) - Equities on both sides of the Atlantic climbed, lifted by Burger King’s talks to buy Tim Hortons and expectations that the European Central Bank moved closer to additional measures to bolster the struggling euro-zone economy. In late afternoon trading in New York, the Dow Jones Industrial Average added 0.43 percent, the Standard & Poor’s 500 index rose 0.50 percent, while the Nasdaq Composite Index gained 0.40 percent. Earlier in the session the S&P 500 advanced as high as a record 2,001.95....

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