The Delaware Gazette

S&P cracks 1,400 for first time since 2008

DG285299_web_031612_stocks

NEW YORK — The stock mar­ket cleared another bar­rier Thurs­day in its long recov­ery from the Great Reces­sion: The Stan­dard & Poor’s 500 index closed above 1,400 for the first time since June 2008.

Economy, not debt rating, will send markets lower

NEW YORK — U.S. investors will have their first chance today to react to Stan­dard & Poor’s deci­sion to strip the U.S. gov­ern­ment of its top credit rat­ing. But the big­ger issues fac­ing Wall Street and stock mar­kets world­wide remain debt-ridden coun­tries in Europe and con­cerns that the global econ­omy is weakening.

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