Dow ends at record high; indexes post sharp gains for week

Image
Reuters NEW YORK
Last Updated : Nov 12 2016 | 2:57 AM IST

NEW YORK (Reuters) - The Dow Jones industrial average closed at a record high on Friday, extending a rally after Donald Trump's unexpected victory in the U.S. presidential election.

Indexes also posted sharp gains for the week, with the Dow registering its biggest weekly percentage increase since December 2011.

Based on the latest data, the Dow Jones industrial average was up 38.62 points, or 0.21 percent, to 18,846.5, the S&P 500 had lost 3.16 points, or 0.15 percent, to 2,164.32 and the Nasdaq Composite had added 28.32 points, or 0.54 percent, to 5,237.11.

(Reporting by Caroline Valetkevitch; Editing by James Dalgleish)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 12 2016 | 2:41 AM IST

Next Story