Stocks rose on Friday, lifted by strong U.S. economic data, to end a week that saw the broader market reach a record level.
The Dow Jones Industrial Average traded 73 points higher, or 0.3%. The S&P 500 was up marginally and the Nasdaq Composite gained 0.2%.
Apple shares rose 4% to an all-time high, building on this week’s strong gain. Chevron and Exxon Mobil dropped more than 1% each, however, as oil prices fell by more than 3%. Deere and Foot Locker were up 5.8% and 2.4%, respectively, on better-than-expected quarterly results.
Data from IHS Markit showed U.S. manufacturing activity hit its highest level in 19 months in August, while services were at their highest level in 17 months….