Stocks manage small gains; Dow, S&P 500 at records

Source: AP-Excite

By ALEX VEIGA

Stocks inched past more milestones Friday, delivering the third consecutive record-high close for the Standard & Poor's 500 index and a new high for the Dow Jones industrial average.

The S&P 500 is now up 6.2 percent for the year, while the Dow is up 2.2 percent. The major stock indexes all finished ahead for the week.

On a light day for U.S. economic data, investors mostly focused on companies in the news, such as CarMax, Oracle and Darden Restaurants. They also kept an eye on the developing conflict in Iraq, which pushed oil prices near a nine-month high.

Despite the record-setting moves, it was largely a static day for the stock indexes.

FULL story at link.


Read more: http://apnews.excite.com/article/20140620/us--wall_street-9b9b9ccc95.html

---

Trader Ryan Falvey, right, works on the floor of the New York Stock Exchange, Friday, June 20, 2014. Stocks are slightly higher in early trading as the market heads for a week of solid gains. (AP Photo/Richard Drew)