Jim Chesko reporting for WWL First Business News...
Stocks managed narrow gains in the Friday session, with the Dow Industrials, S&P 500 and Nasdaq all recording fresh closing highs.
The Dow edged up 6 points, while the tech-heavy Nasdaq rose 40.
One stock that didn’t fare well: Waitr Holdings. The Lake Charles-based food-delivery company late yesterday reported a $220 million quarterly losses well as revenue that was well shy of analysts’ estimates. Waitr’s shares plunged 38%.
Oil prices were little changed today. December crude edged up 9 cents to settle at $57.24 a barrel, a six-week closing high.
The mood of the American consumer hasn’t changed much lately. A preliminary November index from the University of Michigan finds sentiment edged up two-tenths of a point from the final October reading to 95.7.
A gauge of consumers’ views on current conditions declined 2 1/3 points, while a barometer of their expectations ROSE more than a point-and-a-half.




