S&P 500 trades above 2,000 points for first time

The Standard & Poor's 500 index traded above the 2,000-point mark for the first time on Monday, the latest milestone in a five-year rally for U.S. stocks. Investors were encouraged by some high-profile corporate deal news, which overshadowed sluggish sales of new homes. Burger King and biotech company InterMune were among the biggest risers.

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S&P 500 trades above 2,000 points for first time