Stocks end mostly up as gains extend into 4th week
Source: AP-ExciteBy BERNARD CONDON
By BERNARD CONDON
NEW YORK (AP) — Stocks ended mostly higher on Friday as major indexes extended gains for a fourth week in a row, a rare stretch for this year.
After flitting between tiny gains and losses for most of the day, the Standard and Poor's 500 index rose just two-hundredths of one percent to close at a record high. The Dow Jones industrial average ended slightly lower, but the losses were limited by a gain in energy shares, which have been falling sharply in recent months as oil prices drop.
As of Friday, the S&P 500 is up 10 percent so far this year.
"The market has continued to surprise me with its strength," said Uri Landesman, president of Platinum Partners, an investment fund in New York. "It's been almost a six-year party ... and it takes a lot to upset that momentum."
FULL story at link.
FILE - This Oct. 8. 2014, file photo, shows a Wall Street address carved into the side of a building in New York. U.S. stocks are little changed, on Friday, Nov. 14, 2014, a day after the Dow Jones industrial average eked out another record high. Energy companies rose as the price of crude oil turned higher. (AP Photo/Mark Lennihan, File)
Read more: http://apnews.excite.com/article/20141114/financial-markets-4b4e630164.html
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