Topics

News Corp.
Stocks edge higher; Dow reaches another record
Stocks edge higher; Dow reaches another record

The Dow Jones industrial average hit a record on Friday, but without much conviction after a choppy day of trading during which investors couldn't make up their minds whether to buy or sell. The blue-chip index flitted between small gains and losses at least a dozen times, and ended up beating its old record set last week by less than 2.5 points, or just 0.02%. “The market is having trouble finding direction here,” said David Kelley, JPMorgan Funds' chief global strategist. But he added, “I believe for the rest of the year, a warming economy … will push the market up.” The Standard & Poor's 500 index also eked out a gain, but is no...

Loading