S&P 500 in longest winning streak since 2004


U.S. Stocks finally dropped marking the end of the S&P 500 Index’s longest rally since 2004. It fell 0.2 percent to 1,500. Last week the index closed above the 1,500 for the first time since December 2007 following an eight-day rally which has led commentators to note the bullish sentiment of the market.

The Dow Jones fell to 13,881.93, a drop of 0.1 percent, while The Nasdaq 100 gained 0.2 percent to 2,742.43.

Internet stocks did particularly well with Facebook Inc. stock rising 3 percent. Apple Inc. also gained 2.3 percent, after an record low since 2008. Yahoo! Inc. made a last minute jump of  4.7 percent after posting better than expected earnings..


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