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The S&P crosses a major milestone and the financial mistakes American consumers say they most regret. Here's the Thursday Bloomberg After The Bell Report from the New York Stock Exchange.
A new report shows economic growth slowed less than previously estimated. That and easing concern about European debt sent the S&P above its record closing level during trading. This marks a recovery from losses that wiped more than $10-trillion in value from the world's largest stock market.
The S&P ended at a record closing high, the NASDAQ and Dow also closed higher on the day.
In contrast to the positive news in the stock market are new figures from the Labor Department showing an increase in new unemployment claims last week. The number of people continuing to receive jobless benefits fell by 27,000 to just over three million, the fewest since June 2008.
Meanwhile, a new survey by Coupon Cabin finds that nearly half of adults in the U.S. say they've made a foolish financial mistake they wish they could undo. Among the biggest mistakes were buying unneeded items, not using coupons enough and overdrawing a bank account.