Stocks went nowhere in a quiet trading session ahead of the Labor Day holiday weekend. As Rich Barry of NYSE put it in his mid-afternoon update on Friday: “Felt like I was the only knucklehead commuting to work this morning.” Despite the quiet trading session, the S&P 500 did manage to make a new all-time closing high for the third time this week. First, the scoreboard: Dow: 17,089.83, +10.3, (+0.06%) S&P 500: 2,003.26, +6.5, (+0.3%) Nasdaq: 4,575.45, +17.8, (+0.4%) And now, the top stories on Friday: 1. Personal spending unexpectedly declined in July, falling 0.1% against expectations for a …read more
Source: Business Insider
