Stocks Edge Up Once Again

More record highs for major indexes
By Newser Editors and Wire Services
Posted Oct 4, 2017 3:16 PM CDT
Trader Frank O'Connell works on the floor of the New York Stock Exchange, Tuesday, Oct. 3, 2017.   (AP Photo/Richard Drew)

(Newser) – Major US stock indexes nudged a bit further into record territory on Wall Street, but small-company stocks lagged behind, the AP reports. Gains for health care and retail companies were partly offset by declines in major technology stocks Wednesday. Amazon rose 1%, and drugmaker Mylan soared 16% after federal regulators approved its generic version of Teva's multiple sclerosis drug Copaxone. Facebook fell 1%. The Standard & Poor's 500 edged up 3 points, or 0.1%, to 2,537. The Dow Jones industrial average gained 19 points, or 0.1%, to 22,661, and the Nasdaq edged up 2 points, less than 0.1%, to 6,534. The Russell 2000 index of smaller companies fell 4 points, or 0.3%, to 1,507. More stocks fell than rose on the New York Stock Exchange. (Read more stock market stories.)

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