Cost to Protect Against Downside Soars as S&P 500 Hits All-Time Highs (SPY) (VXX)

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S&P 500 Hits New All-Time High

March 28, 2013 11:15 AM EDT

Trying to keep pace with the Dow, the S&P 500 hit its own all-time record intra-day Thursday ahead of the holiday-elongated weekend and the end of the quarter.

The S&P 500 jumped above the record closing level of 1,565.15, which dates back to October 9, 2007. The popular index... More