NEW YORK (AP) — The Standard & Poor's 500 rose to a record Friday, and the index marked its fourth straight weekly gain. Telecom and utility stocks led the way, as they have for much of this year.
The Dow Jones industrial average rose 53.62 points, or 0.3 percent, to 18,570.85.
The Standard & Poor's 500 index added 9.86 points, or 0.5 percent, to 2,175.03.
The Nasdaq composite climbed 26.26 points, or 0.5 percent, to end at 5,100.16.
For the week:
The Dow is up 54.30 points, or 0.3 percent.
The S&P 500 is up 13.29 points, or 0.6 percent.
The Nasdaq is up 70.57 points, or 1.4 percent.
For the year:
The Dow is up 1,145.82 points, or 6.6 percent.
The S&P 500 is up 131.09 points, or 6.4 percent.
The Nasdaq is up 92.75 points, or 1.9 percent.