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Markets Are Inching Closer To All-Time Highs

Jan 26, 2013, 01:48 IST

Right now, stocks are just off their highs of the day, but markets have been climbing throughout most of the afternoon.

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The S&P 500 is trading right at 1500, up 0.4 percent on the day and about two points lower than the highs made around 2:45 PM ET.

The all-time high on the index was 1565, made on October 9, 2007.

Below is a chart showing the Thursday and Friday trading sessions:

Thinkorswim

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Meanwhile, the Dow Jones Industrial Average is up 0.35 percent, trading at 13,874. The Dow closed at an all-time high of 14,164 on October 9, 2007 and hit an intra-day high of 14,198 on October 11, 2007.

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