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Wall Street hits record highs, S&P 500 pierces 2,500


By Noel Randewich(Reuters) - Wall Street reached record highs on Friday, with the S&P 500 surpassing 2,500 points as telecommunications shares rose and technology bounced back after two days of declines.The S&P 500's breach of the 2,500-mark came less than four months after it closed above 2,400, and brought 2017's gain to nearly 12 percent.Professional investors frequently say they see little special significance in the S&P 500 and Dow Jones Industrial Average hitting round-numbers in the hundreds and thousands. But such milestones do affect the sentiment of investors on Main Street, said ...

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First Published: Sat, September 16 2017. 04:25 IST