Business

Stocks edge higher; Dow reaches another record

By Washington Examiner
Published May 9, 2014 8:11pm ET
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Stocks edge higher; Dow reaches another record
FILE - In this April 28, 2014 file photo, trader Michael Zicchinolfi, foreground left, and specialist Anthony Rinaldi, right, work on the floor of the New York Stock Exchange. Stocks are drifting lower in early trading Friday, May 9, 2014, as U.S. corporate earnings wind down. (AP Photo/Richard Drew, File) | Richard Drew

NEW YORK (AP) — Stocks are closing slightly higher, enough to send the Dow Jones industrial average to another all-time high.

A day of back-and-forth trading left U.S. indexes with modest gains. The Dow rose 32 points, or 0.2 percent, to end at 16,583 Friday. That’s about three points above the latest record high it reached on April 30.

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