Fed's Yellen says FOMC sees 'significant' under-use of labor resources

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S&P 500 Reaches 2,000 Milestone for First Time Ever

August 25, 2014 10:45 AM EDT

The S&P 500 moved above the 2,000 point level for the first time as market momentum continues to drive stock gains.

The journey to 2,000 took 16 years since the index crossed 1,000 in February 1998. Since reaching the 1K level, strong bear markets drove the S&P 500 back below the mark twice, putting investor confidence at... More