Stocks Close Mostly Higher

NEW YORK (February 28, 2014) Stocks closed mostly higher Friday after the market had a brief stumble in the afternoon.

The Standard & Poor's 500 index edged further into record territory, but weakness in technology stocks held back the Nasdaq composite.

The S&P 500 rose five points, or 0.3 percent, to close at 1,859 Friday.

The Dow Jones industrial average rose 49 points, or 0.3 percent, at end at 16,321 after rising as much as 126 points earlier in the day.

The Nasdaq composite ended down 10 points, or 0.3 percent, at 4,308.

The S&P 500 index rose 5 percent in February, recovering the ground it lost in January.

It's up 0.6 percent for the year.

Monster Beverage jumped 4 percent after reporting higher sales of energy drinks.


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