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Narrow gains on Wall Street, but all new highs

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Getty- Delpixart

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.