Wall Street rises, pushing S&P 500 above 1

Apple Inc pulled back 1.1% to $582.89, ending a six-day streak of gains, even though it hit a new all-time high above $600 in early trading. Some analysts have predicted the stock will move to $700 within 12 months.

Three initial public offerings made their debuts on Thursday: cloud computing-based software company Demandware Inc, analog chipmaker M/A-Com Innovation Solutions Holdings and Allison Transmission Holdings.