Dow Pursues 40K, Stocks Flat

The Dow Jones Industrial Average traded near flat Friday, after the blue-chip average briefly topped the key 40,000 level for the first time in the previous session.

The 30-stock index gained 26.11 points to 39,895.49.

The S&P 500 eked up 0.35 points to 5,297.45.

The NASDAQ Composite subtracted 3.48 points to 16,694.84.

Stocks are on pace for a strong finish to the week, with the S&P 500 up 1.5% and the NASDAQ touting a 2.3% gain. Both indexes are on track for a fourth consecutive winning week, a first since February. The Dow is pacing for a fifth positive week, up 1% for the period.

Prices for the 10-year Treasury slipped, raising yields to 4.41% from Thursday’s 4.38%. Treasury prices and yields move in opposite directions.

Oil prices took on 37 cents to $79.60 U.S. a barrel.

Gold prices moved ahead $26.20 to $2,411.70.