You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

Snapshot: S&P 500 again sets a record, but barely

Continue reading below

It was another record day for stocks — but just barely. The Dow and Nasdaq slipped, but the S&P 500 closed at a record high after it edged up another 0.1%. J.C. Penney, which is trying to recover from a botched corporate makeover led by its former CEO, rose the most in the index after it reported sales are rising. That helped the market overcome a weak forecast from Merck and a lower earnings estimate from Roper Industries. J.C. Penney stock is still down 63% this year, though. Home builders fell after the number of people who contracted to buy previously occupied homes declined in September to the lowest level in nine months.

You have reached the limit of 10 free articles in a month

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