S&P 500 jumps to record amid economic report, profit data

Source: Bloomberg
© Scanpix\AFP
U.S. shares increased, with benchmark indexes set to records, after earnings from Morgan Stanley and UnitedHealth Group Inc. overshoot expectations and jobless claims declined amid speech from the Federal Reserve Chairman Ben Bernanke. The Standard & Poor's 500 Index added 0.5% to 1,689.37 and the Dow Jones Industrial Average jumped to a record of 15,548.54.

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