Business

Dow, S&P 500 close at new record highs

Traders worked the floor of the New York Stock Exchange on Friday.

Richard Drew/AP

Traders worked the floor of the New York Stock Exchange on Friday.

NEW YORK (AP) — 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.

Advertisement

The index of 30 major US companies gained 18 points, or 0.1 percent, to close at 16,717 Friday, three 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.

Get Talking Points in your inbox:
An afternoon recap of the day’s most important business news, delivered weekdays.
Thank you for signing up! Sign up for more newsletters here

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.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com