S&P sets new record despite rising Ukraine tensions

29 Aug, 2014

NEW YORK: The S&P 500 closed August with another record on Friday, continuing its slow climb even as tensions pick up in Ukraine and after Britain warned of a possible terror attack.

The broad-market gauge pushed back above 2,000, the milestone it closed above for the first time on Tuesday, to finish at 2,003.36, up 6.62 points (0.33 percent) for the day.

The blue-chip Dow Jones Industrial Average added 18.75 points (0.11 percent) to 17,098.32, while the Nasdaq Composite gained 22.58 (0.50 percent) to 4,580.27, its best level in 14 years.

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