Nasdaq notches record-high close, traders look to Fed meeting

The S&P 500 declined 0.05% to end the session at 6,584.29 points. The Nasdaq gained 0.45% to 22,141.10 points, while the Dow declined 0.59% to 45,834.22 points.

NEW YORK: The Nasdaq notched a record high close on Friday in a mixed trading session, lifted by Microsoft as investors looked ahead to the Federal Reserve's policy meeting next week, when it is widely expected to cut interest rates to counter a slowdown in the jobs market.

Fuelled by Tesla and other technology-related stocks, the Nasdaq added to a rally in the previous session that saw all three indexes hit all-time highs.