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U.S. index S&P 500 hits highest level ever

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Reuters NEW YORK

NEW YORK (Reuters) - The U.S. benchmark S&P 500 index on Wednesday rose to its highest level ever, breaking a record that had stood since October 2007.

The S&P 500 earlier hit 1,567.10 to break its previous all-time intraday high by 0.01 point.

The Dow Jones industrial average rose 57 points or 0.39 percent, to 14,730.46 and the Nasdaq Composite added 16.11 points or 0.5 percent, to 3,253.96.

(Reporting by Rodrigo Campos; Editing by Chizu Nomiyama)

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First Published: Apr 10 2013 | 9:38 PM IST

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