RECORD SETTING: The Standard & Poor’s 500 index and the Dow Jones industrial average both set record highs Thursday, and the S&P 500 crossed the 1,700 mark for the first time.
STEADY STREAM: There was no single piece of news driving the market’s advance. Instead, stocks were propelled by a flurry of encouraging, if incremental, news about the global economy, including lower jobless claims in the U.S. and a positive reads on manufacturing in China and the U.S.
A GOOD REVIEW: Yelp jumped 23 percent. The company reported late Wednesday that it sold more ads and attracted more users, though it continued to lose money.