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S&P 500 holds near 4-year high

NEW YORK (Reuters) – The SP 500 held near a four-year high on Friday, and the market’s key gauge of anxiety sank to its lowest since 2007, suggesting a belief that the problems stressing investors might be closer to a resolution.

Based on the latest available data, the Dow Jones industrial average was up 25.09 points, or 0.19 percent, at 13,275.20. The Standard Poor’s 500 Index was up 2.65 points, or 0.19 percent, at 1,418.16. The Nasdaq Composite Index was up 14.20 points, or 0.46 percent, at 3,076.59.

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