Stocks edged higher on Friday, while crude oil prices declined, as major averages aim to close out a winning month.
Traders continue to monitor the ongoing Middle East conflict and the fragile ceasefire between Iran and the U.S.
The S&P 500 and Nasdaq Composite each gained 0.2%.
The Dow Jones Industrial Average rose 170 points, or 0.3%.
All three indexes reached new intraday record highs.
In commodities, West Texas Intermediate (WTI) futures fell 1% to around $87 per barrel, while Brent crude declined 1% to approximately $92.
The declines follow reports of Iran’s armed forces launching missiles late Thursday, amid President Donald Trump considering a potential ceasefire extension.
Source (CNBC)
