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Wall St drifts before long weekend; consumer stocks up

Mimi Sabreena 7:22:00 AM Informasi

(May 27): U.S. stocks ended little changed on Friday ahead of the long holiday weekend, though indexes ended a two-week streak of losses and consumer shares were strong for a second day.

The S&P 500 and Nasdaq also eked out record closing highs, and the S&P 500 posted a seventh straight session of gains, matching a winning streak from February.

Helping the consumer staples index, Costco Wholesale rose 1.8 percent to $177.86 and was among the biggest drivers of the S&P and Nasdaq indexes. The warehouse club operator reported results Thursday.

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