BUSINESS

How the Dow Jones industrial average fared on Thursday

May 21, 2015, 1:54 PM

The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks. The market’s gains this week have been modest as investors wait for more signals about the strength of the economy and the timing of a possible interest rate increase from the Federal Reserve.

On Thursday:

The Dow Jones industrial average edged up 0.34 point to 18,285.74.

The S&P 500 closed up 4.97 points, or 0.2 percent, to 2,130.82.

The Nasdaq composite rose 19.05 points, or 0.4 percent, to 5,090.79.

For the week:

The Dow is up 13.18 points, or 0.1 percent.

The S&P 500 is up 8.09 points, or 0.4 percent.

The Nasdaq is up 42.05, or 0.8 percent.

For the year:

The Dow is up 462.67 points, or 2.6 percent.

The S&P 500 index is up 71.92 points, or 3.5 percent.

The Nasdaq is up 354.74 points, or 7.5 percent.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Business

US employers added 353,000 new jobs in January...

Associated Press

The US didn’t just avoid a recession — it’s adding hundreds of thousands of new jobs

The nation’s employers added 353,000 jobs in January, a sign the economy will shrug off the highest interest rates in two decades.

3 months ago

Cutting interest rates may be in the future, Federal Reserve says...

Associated Press

Federal Reserve signals that interest rate cuts aren’t imminent and leaves them unchanged for now

The Federal Reserve indicated Wednesday that it’s nearing a long-awaited shift toward cutting interest rates.

3 months ago

File - Parts of electric busses are viewed at New Flyer, an electric vehicles manufacturing company...

Associated Press

Wholesale inflation in US declined last month, signaling that price pressures are still easing

Wholesale inflation in the United States fell in December, further evidence that price pressures in the economy are easing.

3 months ago

Front-facing image of main entrance to Desert Diamond Arena in Glendale....

KTAR.com

Desert Diamond Arena in Glendale posts most lucrative year since opening two decades ago

Desert Diamond Arena announced that 2023 was its best year for revenue and attendance on record in the two decades since it opened.

3 months ago

(Lincoln Property Company photo)...

David Veenstra

New phase of Glendale industrial development includes pickleball and basketball courts

The second phase of the Park303 industrial park project in Glendale has been completed. The new development has a range of amenities.

4 months ago

Dutch semiconductor company ASM is investing more than $320 million to expand its U.S. headquarters...

Heidi Hommel

Dutch semiconductor company ASM announces $320 million investment in Scottsdale

Dutch semiconductor equipment company ASM is investing more than $320 million to expand its U.S. headquarters in Scottsdale.

5 months ago

Sponsored Articles

...

Condor Airlines

Condor Airlines can get you smoothly from Phoenix to Frankfurt on new A330-900neo airplane

Adventure Awaits! And there's no better way to experience the vacation of your dreams than traveling with Condor Airlines.

...

DISC Desert Institute for Spine Care

Sciatica pain is treatable but surgery may be required

Sciatica pain is one of the most common ailments a person can face, and if not taken seriously, it could become one of the most harmful.

...

Day & Night Air Conditioning, Heating and Plumbing

Day & Night is looking for the oldest AC in the Valley

Does your air conditioner make weird noises or a burning smell when it starts? If so, you may be due for an AC unit replacement.

How the Dow Jones industrial average fared on Thursday