S&P 500 Little Changed as Disney Weighs, Small-Cap Shares Climb
- Russell 2000 Index caps longest winning streak since March
- Energy shares sink as crude oil trims its weekly gain
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The Standard & Poor’s 500 Index closed little changed for a fourth straight day amid declines in energy and Walt Disney Co. shares, while a gauge of small-cap stocks posted its longest winning streak in eight months.
In a shortened trading session following the Thanksgiving holiday, Disney was a drag after saying ESPN subscriptions declined 3 percent in its last fiscal year. Energy companies fell for a second day as oil retreated. The Russell 2000 Index of small caps climbed for a fifth day, its longest rally since March, amid gains in health-care and consumer staples companies.