Stock market today: Wall Street sets more records and closes a 6th straight winning week
U.S. stocks are hanging around their records Friday after Netflix jumped and CVS Health slid amid mixed reports on profits. The S&P 500 was 0.2% higher in morning trading and approaching its all-time high set early this week.
Wall Street Inches Towards Longest Winning Streak of 2024
U.S. stocks hovered near record levels on Friday as Netflix shares surged, while CVS Health slid amid mixed reports on profits.
Dow, S&P 500 close at record highs and mark the year's longest winning streak
The three major averages cinched their sixth straight positive week. This marked the longest string of weekly advances in 2024 for both the Dow and S&P 500, which respectively ended 0.96% and 0.85% higher. The Nasdaq climbed 0.80%.
Wall Street sets more records and closes a 6th straight winning week
On the winning side of Wall Street was Intuitive Surgical, which climbed 10% after reporting stronger-than-expected profit for the latest quarter. The company, whose robotic-assisted systems allow for less-invasive surgery, also delivered better revenue than expected.
Record-breaking rally pushes Wall Street to longest winning streak of the year
The S&P 500 and Dow Jones Industrial Average notched new records on Friday, adding to a six-week winning streak for Wall Street. US: Netflix earnings and positive economic data fuel market optimism U.
Bank earnings propel Wall Street to record peaks
The September retail sales report also surprised investors, while a drop in weekly jobless claims signaled that the U.S. economy remains strong.
Wall Street drifts around its records after latest encouraging economic data
U.S. stocks drifted around their record heights after the latest signals that the U.S. economy continues to hum.
Wall Street pads its records and closes a 6th straight winning week
U.S. stocks closed their latest winning week with more records on Oct. 18. The S&P 500 rose 0.4 percent Friday to squeak past the all-time high it had set early this week. The Dow Jones Industrial Average added 0.
Trending stories in another bullish week for Wall Street
Wall Street's advance was driven by strong earnings, a positive retail sales report and increased hopes that the Federal Reserve would be able to deliver a soft landing. The tech sector, however, saw a mixed performance this week,
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ASX set to rise as Wall Street climbs; oil slides
The Australian sharemarket is set to rise at the open after Wall Street closed at another record high on Friday.
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