Dow's assault on a record
Blue-chip measure tests territory above all-time closing high.

NEW YORK (CNNMoney.com) -- Stocks were mixed Friday, with the Dow Jones industrial average briefly topping its all-time closing high for the second day in a row.

At 10:11 a.m. ET, the Dow Industrials, the broader S&P 500 and the Nasdaq composite were little changed.

The Dow briefly rose as high as 11,741.99, above its all-time closing high of 11,722.98, hit on Jan. 14, 2000.

The Commerce Department reported that spending by consumers rose 0.1 percent in August, falling short of forecasts for a 0.2 percent increase, before adjusting for a rise in price.

The report also revealed that so-called core PCE deflator, one of the Federal Reserve's favored measures of inflation, was up 0.2 percent in the month, meeting economists' expectations.

Shares of Research in Motion (up $17.51 to $103.57, Charts) surged in early trade after the BlackBerry maker reported better-than-expected second-quarter profits, even though the company also announced a review of stock options practices.

Oil eased toward $62 a barrel as U.S. light crude fell 43 cents to $62.33 a barrel in electronic trading.

Treasury prices edged higher, with the yield on the 10-year note slipping to 4.60 percent. The dollar was stronger against the euro and the yen.

In corporate news, Ford Motor (down $0.07 to $8.09, Charts) announced that it will cut one in four workers at its profitable Ford Credit unit and close its branch office network in order to cut costs.

Friday morning Dell (down $0.19 to $22.78, Charts) announced it was recalling about 100,000 more laptop batteries that were made by Sony (down $0.77 to $40.39, Charts), raising the total recalled to 4.2 million.


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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.