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Dow, S&P 500 Close at Record Highs

S&P 500 has best week since first week of the year
By Newser Editors and Wire Services
Posted Sep 15, 2017 3:11 PM CDT
Dow, S&P 500 Close at Record Highs
Trader John Panin, center, works on the floor of the New York Stock Exchange, Thursday, Sept. 14, 2017.   (AP Photo/Richard Drew)

(Newser) – Stocks are closing at more record highs on Wall Street as technology and industrial companies and banks post gains, the AP reports. Apple added 1% Friday, while Boeing moved up 1.5%. The Dow Jones industrial average and Standard & Poor's 500 index closed at record highs. The S&P 500, the benchmark for many index funds, had it best week since the first week of the year. Business software maker Oracle slumped 7.7% after issuing a disappointing forecast for its cloud computing business. The S&P 500 index rose 4 points, or 0.2%, to 2,500. It rose 1.6% for the week. The Dow added 64 points, or 0.3%, to 22,268. The Nasdaq composite increased 19 points, or 0.3%, to 6,448. (Read more stock market stories.)

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