Stock market closes at record high

Traders work on the floor of the New York Stock Exchange on the afternoon of November 6, 2013 in New York City. The Dow Jones Industrial Average closed at an all-time record high today of over 15,000 points.  (Andrew Burton, Getty Images)
Traders work on the floor of the New York Stock Exchange on the afternoon of November 6, 2013 in New York City. The Dow Jones Industrial Average closed at an all-time record high today of over 15,000 points. (Andrew Burton, Getty Images)
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Updated: 8/29 4:29 pm

The Standard & Poor's 500 is ending the week at a record high after a day of quiet trading.

Chip maker Avago Technologies jumped nearly 8 percent after reporting earnings that beat analysts' estimates.

The latest reports on the U.S. economy were mixed. Consumer sentiment improved in August, while spending fell and income growth slowed in July.

The Standard & Poor's 500 rose six points, or 0.3 percent, to finish at 2,003.37, an all-time high, Friday. The Dow Jones industrial average rose 18 points, or 0.1 percent, to 17,098. The Nasdaq composite rose 22 points, or 0.5 percent, to 4,580.

Bond prices barely budged. The yield on the 10-year Treasury note held at 2.34 percent.

 

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