New York – The S&P 500 closed at a record high on Friday, hitting the 2500 level for the first time, as technology stocks bounced back after two days of declines and telecommunications shares also rose.
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The Dow Jones Industrial Average < .DJI> rose 64.86 points, or 0.29 percent, to 22,268.34, the S&P 500 < .SPX> gained 4.59 points, or 0.18 percent, to 2,500.21 and the Nasdaq Composite < .IXIC> added 19.38 points, or 0.3 percent, to 6,448.47.
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