Dow jumps 400 points as S&P 500, Nasdaq clinch longest winning streak since November

dow jumps 400 points as sp 500 nasdaq clinch longest winning streak since november

U.S. stocks finished sharply higher on Friday, clinching their longest streak of weekly gains since November, as investors celebrated a spate of optimistic inflation data. The S&P 500 gained 72.88 points, or 1.7%, to 4,280.15. The Dow Jones Industrial Average gained 424.38 points, or 1.3%, to 33,761.05. The Nasdaq Composite gained 267.27 points, or 2.1%, to 13,047.19. Both the S&P 500 and Nasdaq were higher for a fourth consecutive week, and both also recorded their largest streak of gains during a four-week period since April 2020. The Dow finished higher for a third week out of four.

Source: Marketwatch

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