Dow briefly hits record high on UnitedHealth boost
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US stocks were mixed on Friday. The Dow closed higher by 35 points, or 0.08%. Meanwhile, the S&P 500 fell 0.29% and the tech-heavy Nasdaq Composite fell 0.4%.
The market is closed for the week. Let's just call it one strange week. President Donald Trump just landed in Alaska, where he's expected to meet with Russian President Vladimir Putin. Long-foreshadowed,
The blue-chip Dow Jones ended higher after hitting an intraday record high on Friday, as UnitedHealth's shares jumped after Berkshire Hathaway raised its stake, but other Wall Street indexes slipped as mixed data clouded the Federal Reserve's next monetary policy move.
The Dow Jones Industrial Average on Friday was set for its first record close of the year, riding a wave of recent market optimism and seeing a brief upward push from someone who hardly needs an introduction: Warren Buffett.
The Dow Jones Industrial Average is on pace to close at an all-time high on Friday, as investors pile into US equities on the back of strong corporate earnings and ebbing trade and geopolitical fears.
The Dow Jones Industrial Average opened at its highest levels on record on Friday after Warren Buffett’s Berkshire Hathaway disclosed a stake in one of its key stocks. The Dow was up 263 points, or 0.
The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) both closed at fresh record highs on Wednesday. The Dow Jones Industrial Average (^DJI) added 463 points. Yahoo Finance Markets and Data Editor Jared Blikre recaps the action at the close while Barron's associate editor Al Root weighs in on the market moves.