Wall St. rises; S&P 500 set for best year since 1997

By way of Curtis Skinner NEW YORK (Reuters) – U.S. shares advanced modestly on Tuesday, boosted by a fantastic shopper self assurance reading, maintaining the S&P 500 on track for its very best yr considering that 1997 and the Dow on % to record its absolute best efficiency in view that 1995. The S&P 500 is up 29.5 percent for the year and all 10 sector indexes will end the 12 months in certain territory. The Dow is up 26.3 % in 2013, as buyers rode the Federal Reserve’s exceptional stimulus and the expectations for greater growth in a year that had simplest the slightest of hiccups. The Nasdaq is up 38.1 p.c for the year, surroundings the know-how-heavy index up for its best each year efficiency given that 2009.