S&P 500 sets new intraday high; sits just 14 points away from best year since 1997

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S&P 500 sets new intraday high; sits just 14 points away from best year since 1997
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S&P 500 sits just 14 points from level that would furnish best year since 1997

The S&P 500 index SPX, +0.27% set a new intraday record high of 3,235.46 Thursday morning after gaining 12.08 points, or 0.4%, before pulling back slightly. The large-cap index has risen more than 29% year-to-date, and as of midday Thursday, remains about 14 points less than the 3,248.88 level needed to surpass 2013's gains of 29.6%. If the S&P can close out the year above that level, it will mark the best calendar-year gain for the index since 1997.

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