Dow Jones closes at record high
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The Dow Jones index closes at a record high of 12,741 after Fed chairman Ben Bernanke eases inflation fears.
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The Dow Jones industrial average briefly surpassed its all-time closing high on two occasions this week, only to fall back each time and close below the record.
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The Dow Jones industrial average finished at an all-time closing high on Tuesday, surpassing the previous record set in 2000, as investors bet that sliding crude oil prices will stimulate consumer spending and lift corporate profits even as the economy slows.
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The Dow Jones index moves closer to  hitting a record high as worries about US inflation ease.
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The Dow Jones industrial average posted its best week since November 19, rising slightly on Friday to achieve another record close, while the S&P 500 and the Nasdaq dipped as investors were reluctant to take long positions before the holiday weekend.
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Driven by corporate buyouts, strong profit reports and stock buybacks, the market closed at a record high.
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In trading Thursday, the Dow Jones industrial average rose 99.26 points, or 0.81 percent, to 12,416.76, another record close.
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Dow sets second straight record NEW YORK, Dec. 15 (UPI) -- The Dow Jones industrials set a second straight closing record in the U.S. stock market Friday as investors showed elation over a favorable inflation signal.
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The Dow Jones industrial average surged to a new record on Tuesday, broke it on Wednesday and edged even higher on Thursday.
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Stocks rose Wednesday afternoon, pushing the Dow Jones industrial average within a whisper of its record closing high, before the world's most widely watched stock market gauge pulled back.
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The Dow Jones index ends at a new high of 12,765, beating a record set one day earlier.
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It was a short but glorious week for the stock market, with both the Dow Jones industrial average and the Standard & Poorâs 500-stock index closing on Friday at record highs.
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U.S. stocks climbed on Wednesday, driving the Dow to a record close after the Federal Reserve left rates steady and flagged no new concerns about inflation that would have merited higher borrowing costs.
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NEW YORK : Crude oil futures jumped to a record high closing on the New York Mercantile Exchange Friday, as markets fretted over tight US supplies despite a decision to release small amounts from a strategic reserve.
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The Dow closed at a record on Tuesday, though retreating from the 14,000 mark it earlier crossed for the first time, while the Nasdaq rose to a six-and-a-half-year high on a cascade of stronger-than-expected earnings.
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The Dow Jones industrial average briefly traded above its record high close from January 2000 Thursday morning before backing off.
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U.S. stocks rose slightly on Thursday, pushing the Dow Jones industrials to a record closing high for a third day and the S&P 500 to a fresh 5-1/2-year high, after an increase in retailers' September sales fueled hopes that spending will stay strong.