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Dow, S&P 500 hit record high closes

Reuters  |  NEW YORK 

NEW YORK (Reuters) - The Dow and S&P 500 hit record closing highs on Friday after weak economic data dulled prospects of more hikes this year.

Based on the latest available data, the Industrial Average <.DJI> rose 84.65 points, or 0.39 percent, to 21,637.74, the S&P 500 <.SPX> gained 11.44 points, or 0.47 percent, to 2,459.27 and the Nasdaq Composite <.IXIC> added 38.03 points, or 0.61 percent, to 6,312.47.

(Reporting by Caroline Valetkevitch; Editing by Nick Zieminski)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)