News Column

Dow, S&P 500 Close Out Week at New Highs

November 22, 2013

UPI Business News

stock market
The Big Board at the New York Stock Exchange (file photo)

The Dow Jones industrial average maintained its high-flying ways Friday, topping the 16,000-mark for a second straight day on the New York Stock Exchange.

Joining the Dow in record-breaking territory was the Standard & Poor's 500, which closed above 1,800 for the first time.

The Dow closed at 16,064.77, picking up 54.78 points, or 0.34 percent, for its 41st record finish this year. The Dow added 109 points Thursday to close above 16,000 for the first time.

The Standard & Poor's 500 added 8.91 points, or 0.5 percent, to close at 1,804.76.

The Nasdaq also closed strong at 3,991.65, adding 22.49 points, or 0.57 percent.

On the New York Stock Exchange, advancing issues outpaced decliners 1,885 to 1,179 on a trading volume of 3.051 billion shares.

The London FTSE lost 7.03 points, or 0.11 percent, to close at 6,674.40. In Tokyo, the Japanese Nikkei 225 added 16.12 points or 0.1 percent, to 15,381.72.

The 10-year treasury note yielded 2.749 percent at the close of trading, up 11/32.

The euro fell to $1.3549 while the dollar rose to 101.21 yen.

On the Comex division of the New York Mercantile Exchange, gold added 50 cents to settle at $1,244.10 an ounce while silver lost 7 cents to $19.86 an ounce.

Crude oil settled at $94.84, down 60 cents, on the NYMEX after topping $95 in early trading.

On the Chicago Board of Trade, December corn was up 1/4 to $4.23 1/4 a bushel, January soybeans gained 27 1/2 to $13.19 and March wheat added 1 1/4 to $6.56.

Copyright 2013 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Original headline: Dow, S&P 500 soar above record-breaking marks


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Source: Copyright 2013 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.


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