Dow Closes At Record High 25th Time This Year

MarketWatch Pulse

U.S. stocks bounced off session lows on Thursday, as investors weighed upbeat earnings and deal news against concerns over falling oil prices. The Dow Jones Industrial Average closed at all-time high for the 25th time this year. Baker Hughes soared after news reports that it was in talks to be acquired by rival oil-field services company Halliburton . The S&P 500 gained a point to 2,039.33, while energy sector stocks weighed on the index. The Dow Jones Industrial Average rose 40.59 points, or 0.2%, to 17,654.79. The Nasdaq Composite closed 5 points, or 0.1%, higher at 4,680.14.

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