Major U.S. indexes closed marginally higher, setting another high for the Standard & Poor’s 500 index.
The latest milestone for the S&P 500 came on a day when the major U.S. stock indexes mostly hovered between small gains and losses as investors weighed the implications of an economic slowdown in Japan that worsened in the third quarter into a recession. Energy stocks fell as the price of crude oil resumed its slide.
The Dow Jones industrial average gained 13.01 points, or 0.1 per cent, to 17,647.75.
The Standard & Poor’s 500 index rose 1.50 points, or 0.1 per cent, to end at 2,041.32.
The Nasdaq composite fell 17.54 points, or 0.4 per cent, to 4,671.
For the year:
The Dow is up 1,071.09 points, or 6.5 per cent.
The S&P 500 index is up 192.96 points, or 10.4 per cent.
The Nasdaq is up 494.41 points, or 11.8 per cent.