Dow ends big week of gains at fresh record

Strong US retail sales lifted the Dow to a fourth straight record Friday as global equity markets finished a big week of gains on a muted note.

 

The Dow Jones Industrial Average record came after a robust June US retail sales report gave further evidence of momentum in the world's biggest economy.

US stocks otherwise showed signs of fatigue, with the S&P 500 ending modestly lower, snapping a streak of four straight records.