Stocks end higher despite looming shutdown; S&P 500 and Nasdaq set record high

Stock indexes rose on Friday to finish the week strong, with even fears of a government shutdown failing to dampen bullish investor sentiment. The Dow Jones Industrial Average advanced 54 points, or 0.2%, to 26,072. The Nasdaq Composite Index added 40 points, or 0.6%, to 7,336. The S&P 500 rose 12 points, or 0.4%, to 2,810. The Dow and Nasdaq were both up 1% for the week, and the S&P was up 0.9% over the same period. The blue-chip Dow stood slightly below its record close, but the S&P and Nasdaq rallied to hit fresh all-time highs. All three benchmark indexes clinched their third straight weekly advance. The S&P 500 marked 395 sessions without falling 5%, an unequaled stretch in the stock market’s history.

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From:: Stock Market News

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