The stock market had a positive week with major indices closing higher. The Nasdaq showed the strongest performance, leading the way for the Dow and the S&P. However, the small cap Russell 2000 closed lower for the day, but still managed to end the week on a positive note.
Here are the final numbers for the day:
– Dow Industrial Average increased by 36.86 points or 0.09% to 43,275.91
– S&P rose by 23.20 points or 0.40% to 5,864.67
– Nasdaq went up by 115.94 points or 0.63% to 18,489.55
– Russell 2000 dropped by 4.76 points or 0.21% to 2,276.09
For the trading week, all major indices saw gains for the sixth consecutive week:
– Dow industrial average rose by 0.96%
– S&P index increased by 0.85%
– NASDAQ index went up by 0.80%
– Russell 2000 saw a significant rise of 1.85%
This six-week winning streak marks the largest streak since late 2023, indicating a strong and sustained positive trend in the market. Investors seem to be optimistic about the future outlook, as evidenced by the consistent gains across the board. It will be interesting to see if this positive momentum continues in the coming weeks and months, or if there will be any shifts in market sentiment.
