suntimes
CHARMING 
Weather Updates

Dow creeps to record-high close

Traders Jonathan Corpinleft James Doherty work floor New York Stock Exchange Friday May 30 2014. Two negative reports U.S. consumers

Traders Jonathan Corpina, left, and James Doherty work on the floor of the New York Stock Exchange Friday, May 30, 2014. Two negative reports on U.S. consumers were pushing stocks lower in early trading Friday. (AP Photo/Richard Drew)

storyidforme: 67127642
tmspicid: 23927184
fileheaderid: 11755809

NEW YORK — The Dow Jones industrial average has edged up to finish at a record high close.

The Dow last closed at a record two weeks ago.

The index of 30 major U.S. companies gained 18 points, or 0.1 percent, to close at 16,717 Friday, less than two points above its previous high.

The Standard & Poor’s 500 rose three points, or 0.2 percent, to 1,923. The S&P 500 is also at a record high.

It was an overall quiet day on the stock market. Indexes spent most of the time drifting between small gains and losses.

The S&P 500 finished the month of May up 2.1 percent. That’s its best month since February and the fourth monthly increase in a row.

The Nasdaq fell five points, or 0.1 percent, to 4,242.



© 2014 Sun-Times Media, LLC. All rights reserved. This material may not be copied or distributed without permission. For more information about reprints and permissions, visit www.suntimesreprints.com. To order a reprint of this article, click here.