Epic US Markets Update

The S&P touched its highest since December 2007 after a 5 percent gain in January, which was its best start to a year since 1997. The index is now just about 60 points away from its all-time intraday high of 1,576.09.

The Dow Jones industrial average was up 149.21 points, or 1.08 percent, at 14,009.79. The Standard & Poor’s 500 Index was up 15.06 points, or 1.01 percent, at 1,513.17. The NasdaqComposite Index was up 36.97 points, or 1.18 percent, at 3,179.10.

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