News

Actions

Stocks Close At Record High

Posted

Stock exchange boardNEW YORK (CNNMoney) — U.S. stocks inched slightly higher Friday, but the slim gains were enough to send the Dow and S&P 500 to new record closing highs and the Nasdaq to the highest level in over a decade.

The Dow Jones industrial average rose just 3 points to 15,464.30, the S&P 500 added 5 points, finishing at 1,680.19 and the Nasdaq rose 0.6% to close at the highest level since September 2000.

The Dow and S&P 500 shares were weighed down by a 5% slide in shares of Boeing (BAFortune 500)following news that an unoccupied Dreamliner caught fire at London’s Heathrow airport.

All three indexes finished sharply higher for the week, logging one of the best weekly performances of the year. The Dow climbed 2.2%, the S&P 500 jumped 3% and the Nasdaq rallied 3.5%.

Read Full Story Here.