(CNBC) The S&P 500 was little changed on Friday after reaching a fresh record high earlier in the day as Wall Street concludes a week that saw strong gains in equities.
The broad index was up less than 0.1% after hitting a high of 2,964.03. The S&P 500 posted a record close in the previous session. The Nasdaq Composite, meanwhile, slipped 0.2%. The Dow Jones Industrial Average traded 42 points higher and briefly rose above its record closing high of 26,828.
The major stock indexes jumped to their session highs after Dow Jones reported that Vice President Mike Pence would postpone a China policy address amid “positive signs” on trade. But stocks pared most of those gains after the Commerce Department barred five additional Chinese companies from buying U.S. components without approval.
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