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Record for S&P 500; j.c. Penney Shrinking

Summary: S&P 500 sets record high, erases loss for 2014; J.C. Penney cutting staff, shutting some stores in new effort to rebound; Bank of America earnings inspire confidence; IMF's Lagarde warns against hasty Fed. Conway G. Gittens reports.

http://www.firstcoastnews.com/video/3059665422001/1/Record-for-SP-500-jc-Penney-Shrinking http://cdn.newslook.com/c8/c8e10030a5ce6b8d63ae8d72fd0a7a50/images/frame_0071.jpg Record for S&P 500; j.c. Penney Shrinking Summary: S&P 500 sets record high, erases loss for 2014; J.C. Penney cutting staff, shutting some stores in new effort to rebound; Bank of America earnings inspire confidence; IMF's Lagarde warns against hasty Fed. Conway G. Gittens reports. New Yorkconway g. gittensBank of AmericaFinanceDeutsche BanknewslookUnited States of AmericausLondonJ.C. PenneyChristine Lagarde 02:47

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