Gaining 1.02, index grazes a record high

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, reached a record high of 451.50 Tuesday before closing at 450.81, up 1.02.

Total volume for the index was 20.8 million shares.

“U.S. stocks limped higher as investors chew on news from the U.S.North Korean meeting along with curiosity as to what the Federal Reserve plans for interest rates after its two-day meeting ends today,” said Chris Harkins, managing director with Raymond James & Associates in Little Rock.

The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.