New York – After a sluggish day, a late push higher delivers tiny gains and renews records for major U.S. market indexes.
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The Standard & Poor’s 500 index marked its fourth straight weekly gain Friday.
The tone in the market was tepid all day. More stocks fell than rose on the New York Stock Exchange, and a measure of small-company stocks ended essentially unchanged.
After being down for most of the day, Verizon and AT&T turned higher in mid-afternoon trading. Verizon ended with a gain of 1.5 percent.
The S&P 500 edged up 3 points, or 0.2 percent, to 2,351.
The Dow Jones industrial average inched up 4 points to 20,624. The Nasdaq composite rose 23 points, or 0.4 percent, to 5,838.