[NEW YORK] The S&P 500 and Nasdaq finished at fresh records on Friday following strong US economic growth data, amid relief at better-than-expected corporate earnings.
The tech-rich Nasdaq Composite Index gained 0.3 per cent to 8,146.40, while the Dow Jones Industrial Average also advanced 0.3 per cent to 26,543.33. Dow member Intel plunged nine percent after the chip company released a disappointing second-quarter forecast, in part due to weakness in China.Investors also overlooked the automaker's disclosure that the US Department of Justice had opened a criminal probe into the company's emissions certification process.
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