FILE - This July 15, 2013 file photo shows a sign for Wall Street outside the New York Stock Exchange, in New York. European and Asian stock markets were subdued Friday, Aug. 29, 2014, after data showed Japan's economy is struggling to recover from a sales tax hike and that inflation in the eurozone slipped again, a sign the recovery remains weak. (AP Photo/Mark Lennihan, File)
NEW YORK -- The Standard & Poor’s 500 is ending the week at a record high after a day of quiet trading.
Chip maker Avago Technologies jumped nearly 8 percent after reporting earnings that beat analysts’ estimates.
The latest reports on the U.S. economy were mixed. Consumer sentiment improved in August, while spending fell and income growth slowed in July.
The Standard & Poor’s 500 rose six points, or 0.3 percent, to finish at 2,003.37, an all-time high, today. The Dow Jones industrial average rose 18 points, or 0.1 percent, to 17,098. The Nasdaq composite rose 22 points, or 0.5 percent, to 4,580.
Bond prices barely budged. The yield on the 10-year Treasury note held at 2.34 percent.