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It's Another Record Day on Wall Street

S&P 500, Nasdaq close at all-time highs
By Newser Editors and Wire Services
Posted Aug 24, 2018 3:37 PM CDT
Trader Stephen Gilmartin, left, and specialist John O'Hara work on the floor of the New York Stock Exchange, Wednesday, Aug. 22, 2018.   (AP Photo/Richard Drew)

(Newser) – The S&P 500 index closed at a record high Friday, just two days after the current bull market in stocks became the longest in history. The Nasdaq composite and the Russell 2000 indexes also closed at all-time highs, while the Dow Jones Industrial Average is still below the high it set in January, the AP reports. Technology companies, the best-performing sector in the market this year, led the gains. Video game maker Take-Two Interactive, for example, jumped 2.5%. The S&P 500 rose 17 points, or 0.6%, to 2,874, beating the record it set in January by two points. The Dow gained 133 points, or 0.5%, to 25,790; and the Nasdaq added 67 points, or 0.9%, to 7,945. The price of oil broke a seven-week losing streak, finishing this week 5% higher.

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