BUSINESS

S&P 500 Ends Above 1,800 For First Time

11/22/2013 04:58 pm ET
ASSOCIATED PRESS

NEW YORK - U.S. stocks rose on Friday, with healthcare stocks leading the way higher and the S&P 500 closing above 1,800 for the first time ever.

The Dow Jones industrial average <.DJI> rose 54.78 points, or 0.34 percent, to end unofficially at 16,064.77. The Standard & Poor's 500 Index <.SPX> gained 8.91 points, or 0.50 percent, to finish unofficially at 1,804.76. The Nasdaq Composite Index <.IXIC> climbed 22.50 points, or 0.57 percent, to close unofficially at 3,991.65.

For the week, the Dow rose 0.6 percent, the S&P 500 gained 0.3 percent, and the Nasdaq edged up 0.1 percent. It was the seventh straight week of gains for both the Dow and the S&P 500.

(Reporting by Ryan Vlastelica; Editing by Jan Paschal)

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