Business

Stocks drift higher; S&P 500 holds on to 2,000

By The Associated Press
Published August 27, 2014 8:12pm ET
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Stocks drift higher; S&P 500 holds on to 2,000
FILE - In this Monday, March 8, 2010, file photo, a sign for Wall Street is shown near the New York Stock Exchange. Global shares were mixed Wednesday Aug. 27, 2014 after the latest record close for the Standard & Poor's 500, with Europe off to a shaky start despite a strong day in Asia. (AP Photo/Mark Lennihan, File) | Mark Lennihan

Stocks are drifting mostly higher as a main U.S. index sets a record for a third day in a row.

The Standard & Poor’s 500 eked out a gain of one-tenth of a point, enough to set another all-time high. The index closed at 2,000.12 points, a day after its first close above 2,000.

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