US stocks recover from a late stumble; S&P 500 index edges further into record territory

The Associated Press

Traders work on the floor of the New York Stock Exchange, Friday, Feb. 28, 2014. U.S. stocks are opening higher, pushing the market further into record territory. (AP Photo/Richard Drew)

Associated Press + More

NEW YORK (AP) — Stocks are ending mostly higher after the market had a brief stumble in the afternoon.

The Standard & Poor's 500 index edged further into record territory, but weakness in technology stocks held back the Nasdaq composite.

The S&P 500 rose five points, or 0.3 percent, to 1,859 Friday.

The Dow Jones industrial average rose 49 points, or 0.3 percent, at 16,321. The Dow had been up as much as 126 points earlier in the day.

The Nasdaq composite ended down 10 points, or 0.3 percent, at 4,308.

The S&P 500 index rose 5 percent in February, recovering the ground it lost in January. It's up 0.6 percent for the year.

Monster Beverage jumped 4 percent after reporting higher sales of energy drinks.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.