The Dow Jones industrial average notched its ninth gain in a row Wednesday, giving the index its longest winning streak in more than 16 years. The Standard & Poor's 500 also edged higher. Retail stocks rose after the government said consumer spending rose in February more than economists had forecast.

The Dow rose 5.22 points, or 0.04 percent, to close at 14,455.28.

The S&P 500 rose 2.04 points, or 0.1 percent, to close at 1,554.52.

The Nasdaq composite rose 2.80 points, or 0.09 percent, to 3,245.12.

For the week:

The Dow is up 58.21, or 0.4 percent.

The S &P 500 is up 3.34, or 0.2 percent.

The Nasdaq is up 0.75, or 0.02 percent.

For the year:

The Dow is up 1,351.14, or 10.3 percent.

The S&P 500 is up 128.33, or 9 percent.

The Nasdaq composite is up 225.61, or 7.5 percent.