Business

Stocks end higher but fall short of record high

By Ken Sweet
Published February 24, 2014 10:09pm ET
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Stocks end higher but fall short of record high
U.S. stock markets tumbled on Friday as threats from the White House and Beijing raised concerns about a trade war between the world's two largest economies. | Richard Drew

NEW YORK (AP) — The stock market ended higher Monday, but a late fade kept it from closing at an all-time high.

The market marched broadly higher most of the day, helped by optimism about the economy and more corporate mergers, only to slowly lose momentum in the final half hour of trading.

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