Key Takeaways The S&P 500 edged 0.1% higher on Friday, May 17, 2024, ending the week just a few points below its all-time high posted Wednesday. Shares of mining company Freeport-McMoRan hit a 52-week high as copper prices jumped to record levels. Paramount Global shares dropped amid reports that its board is looking into replacing its CEO with an executive committee as buyout negotiations continue. Major U.S. equities indexes were mixed to close out a trading week that saw all three market gauges pop to al ...