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S&P 500 hits fresh record high as Wall Street heads for winning week: Live updates
The S&P 500 reached a new high on Friday and was pacing for weekly gains as traders came back from the Christmas holiday.
The broad market index was last down 0.1%, while the Nasdaq Composite declined 0.2%. The Dow Jones Industrial Average traded 70 points, or 0.2%, lower.
For the week, the S&P 500 was up more than 1%, putting the benchmark on track for its fourth weekly advance in five weeks. The Dow and Nasdaq were also up more than 1% week to date.
Wall Street is also coming off a record-setting session, with the S&P 500 setting new intraday and closing all-time highs on Wednesday. U.S. markets were closed Thursday due to the Christmas holiday.
Stock market today: Dow, S&P 500, Nasdaq steady as Wall Street looks to keep 'Santa Claus' rally going
US stocks were little changed Friday, with traders on watch for more records as they return from the Christmas holiday for a single session ahead of the weekend.
The Dow Jones Industrial Average (^DJI), the S&P 500 (^GSPC), and the tech-heavy Nasdaq Composite (^IXIC) all hovered near the flatline in thin post-Christmas trading.
Meanwhile, precious metals continued a torrid rally, with gold (GC=F) and silver (SI=F) futures rising to fresh records amid fresh geopolitical tensions and continued weakness in the dollar (DX=F).
Stocks ended the shortened Christmas Eve session with both the benchmark S&P 500 and blue-chip Dow at record highs. All three major indexes notched their fifth consecutive victory as Wall Street entered into the so-called Santa Claus rally period — the last five trading sessions of the year and the first two of the new year.
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