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Market Snapshot: S&P 500, Nasdaq book narrow records ahead of Memorial Day weekend

The S&P 500 and the Nasdaq Composite logged tiny gains on Friday, but they were enough for the benchmarks to finish in record territory and book a seventh straight advance, ahead of the long Memorial Day weekend.

Trading during the session was otherwise muted as traders left early for the holiday weekend, leaving fewer on staff to digest a mixed bag of Friday data. Total composite trade of 5.2 billion shares marked the lowest volume of 2017, according to Dow Jones data.

The S&P 500 index SPX, +0.03% gained 0.75 points, or less than 0.1%, to finish at a fresh all-time high of 2014.82, buoyed by gains in consumer-staples, consumer-discretionary and materials stocks, all up about 0.3%, while real estate fell 0.7%, weighing on the broad-market gauge.

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