U.S. stocks close higher; S&P 500, Nasdaq end at records

U.S. stocks closed higher on Friday, with the S&P 500 and Nasdaq Composite ending at all-time highs. All three main benchmarks posted their first weekly gains in three weeks. The S&P 500 gained 5.34 points, or 0.2%, to 2,602.42. The Dow Jones Industrial Average gained 31.81 points, or 0.1%, to 23,557.99. The tech-heavy Nasdaq Composite index advanced 21.80 points, or 0.3%, to 6,889.16. Retailers such as Macy’s Inc and Amazon.com. were in focus as the Black Friday shopping holiday kicks off. Macy’s Inc gained 2.1%, while Amazon.com rose 2.6%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply