S&P 500 Hits Milestone on Short Trading Day

Closes above 2,600 for the first time
By Newser Editors and Wire Services
Posted Nov 24, 2017 12:27 PM CST
S&P 500 Hits Milestone on Short Trading Day
Trader Michael Milano works on the floor of the New York Stock Exchange in this Nov. 17 photo.   (AP Photo/Richard Drew)

Stocks ended a shortened trading day with more record highs as technology and health care companies posted solid gains. Energy stocks were also higher Friday as the price of US crude oil rose 1.6%. Oil was higher after Bloomberg reported that OPEC and Russia have agreed on an outline for extending production cuts. The Standard & Poor's 500 index rose 5 points, or 0.2 %, to 2,602, another record high and its first close over 2,600, per the AP. The Dow Jones industrial average rose 31 points, or 0.2%, to 23,557. The Nasdaq gained 21 points, or 0.3%, to 6,889. (More stock market stories.)

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