U.S. financial markets notched modest gains Friday after a quiet, post-holiday day of trading. The gains nudged the Dow Jones industrial average and Standard & Poor’s 500 index to all-time highs. Utilities stocks were among the biggest gainers, while energy stocks declined as oil prices fell.
The Dow Jones industrial average rose 23.50 points, or 0.1 per cent, to 18,053.71.
The Standard & Poor’s 500 index gained 6.89 points, or 0.3 per cent, to 2,088.77.
The Nasdaq composite gained 33.39 points, or 0.7 per cent, to 4,806.86.
For the week:
The Dow is up 248.91 points, or 1.4 per cent.
The S&P 500 index is up 18.12 points, or 0.9 per cent.
The Nasdaq is up 41.48 points, or 0.9 per cent.
For the year:
The Dow is up 1,477.05 points, or 8.9 per cent.
The S&P 500 index is up 240.41 points, or 13 per cent.
The Nasdaq is up 630.27 points, or 15.1 per cent.