NEW YORK (AP) -- Upbeat reports from the Federal Reserve and DuPont Co. lifted stocks for a second day Wednesday, pushing the Standard & Poor's 500 past 1,300 for the first time since May 2001.

The industrials, materials and transportation sectors led the market higher, allowing the S&P 500 to finally pop above 1,297, a ceiling the index has not been able to cross since November.

Posted by Ryan S. on Thursday, March 16, 2006 at 12:08 AM | Permalink |