Dow, S&P 500 Close at Record Highs

Stocks are closing at more record highs on Wall Street as technology and industrial companies and banks post gains, the AP reports. Apple added 1% Friday, while Boeing moved up 1.5%. The Dow Jones industrial average and Standard & Poor's 500 index closed at record highs. The S&P 500, the benchmark for many index funds, had it best week since the first week of the year. Business software maker Oracle slumped 7.7% after issuing a disappointing forecast for its cloud computing business. The S&P 500 index rose 4 points, or 0.2%, to 2,500. It rose 1.6% for the week. The Dow added 64 points, or 0.3%, to 22,268. The Nasdaq composite increased 19 points, or 0.3%, to 6,448. (More stock market stories.)