U.S. stocks drifted to a mostly higher close on Wall Street, marking their fourth winning week in a row.
The S&P 500 rose 0.1 percent Friday. The Dow Jones Industrial Average rose 0.3 percent to close above 40,000 points for the first time. It briefly traded above that level a day earlier. The Nasdaq composite fell 0.1 percent. GameStop sank, giving back more of its huge gains from early in the week, after predicting a loss of up to $37 million for its latest quarter and announcing that it would sell up to 45 million shares of stock to raise cash.
On Friday:
The S&P 500 rose 6.17 points, or 0.1 percent, to 5,303.27.
The Dow Jones Industrial Average rose 134.21 points, or 0.3 percent, to 40,003.59.
The Nasdaq composite fell 12.35 points, or 0.1 percent, to 16,685.97.
The Russell 2000 index of smaller companies fell 0.53 points, or less than 0.1 percent, to 2,095.72.
For the week:
The S&P 500 is up 80.59 points, or 1.5 percent.
The Dow is up 490.75 points, or 1.2 percent.
The Nasdaq is up 345.10 points, or 2.1 percent.
The Russell 2000 is up 35.94 points, or 1.7 percent.
For the year:
The S&P 500 is up 533.44 points, or 11.2 percent.
The Dow is up 2,314.054 points, or 6.1 percent.
The Nasdaq is up 1,674.61 points, or 11.2 percent.
The Russell 2000 is up 68.64 points, or 3.4 percent.
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