U.S. stocks closed narrowly mixed on Thursday after the S&P 500 touched a new intraday record, amid lower oil prices and Germany’s rejection of a Greece loan extension plan.
“I take today away as a positive from the perspective that there was a lot of bad news thrown at the market,” said Paul Nolte, portfolio manager at Kingsview Asset Management. “The market’s been able to recover from that.”
The Nasdaq closed higher for seven days of gains—its strongest winning streak in a year—as Apple stayed near records. Information technology led gains on the S&P 500.