S&P 500 Falls Short of Record Despite Weekly Gain
From Dow Jones & Company:
The S&P 500 edged closer to a new all-time high despite significant declines in airline stocks and shares of companies reliant on discretionary spending. The benchmark index ended less than 0.1% higher, nearing a record high that has stood for over two years. The tech-heavy Nasdaq Composite also added less than 0.1%, while the Dow Jones Industrial Average declined 0.3%, or 118 points. This news from Dow Jones & Company, Inc. indicates the resilience of the S&P 500 in the face of specific sector challenges.
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