(Bloomberg) -- Better-than-forecast gains in American productivity and the U.S. services industry pushed the Dow Jones Industrial Average to a third straight record and the Standard & Poor's 500 Index above 1500 for the first time since September 2000.
Verizon Communications Inc., the second-biggest U.S. telephone company, rose the most in the Dow average after Merrill Lynch & Co. increased its share-price estimate. Financial shares accounted for almost a third of the S&P 500's advance after profit at Unum Group, the largest disability insurer, topped forecasts.
Read more at Bloomberg Stocks News
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