New York – S&P 500 Closes At Record Despite Tumbling Tech

New York – The Nasdaq composite index fell on Friday as disappointing results from Microsoft and Google dragged down the technology sector, but the S&P 500 index edged up to finish at a record high.

The Dow Jones industrial average < .DJI> fell 4.65 points, or 0.03 percent, to 15,543.89, the S&P 500 < .SPX> gained 2.72 points, or 0.16 percent, to 1,692.09 and the Nasdaq composite < .IXIC> dropped 23.66 points, or 0.66 percent, to 3,587.61.

For the week, the Dow rose 0.5 percent, the S&P added 0.7 percent and the Nasdaq fell 0.3 percent.