The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks. The market’s gains this week have been modest as investors wait for more signals about the strength of the economy and the timing of a possible interest rate increase from the Federal Reserve.
The Dow Jones industrial average edged up 0.34 point to 18,285.74.
The S&P 500 closed up 4.97 points, or 0.2 per cent, to 2,130.82.
The Nasdaq composite rose 19.05 points, or 0.4 per cent, to 5,090.79.
For the week:
The Dow is up 13.18 points, or 0.1 per cent.
The S&P 500 is up 8.09 points, or 0.4 per cent.
The Nasdaq is up 42.05, or 0.8 per cent.
For the year:
The Dow is up 462.67 points, or 2.6 per cent.
The S&P 500 index is up 71.92 points, or 3.5 per cent.
The Nasdaq is up 354.74 points, or 7.5 per cent.