US stocks ended higher on Friday, with the S&P 500 scoring its fifth consecutive record closing peak. The Nasdaq reached an all-time high, while the Dow rose. All three major US equity benchmarks saw weekly gains.
The S&P 500’s success was driven by optimism around US-Europe trade discussions. The Dow, however, struggled to keep up as investors focused on other factors such as Treasury bill demand.
In related news, Intel’s earnings report showed mixed results: revenue increased, but losses mounted due to restructuring efforts. Meanwhile, a popular meme-stock drama unfolded, with notable differences compared to past episodes.
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Source: https://www.marketwatch.com/livecoverage/stock-market-today-s-p-500-and-nasdaq-set-to-trade-around-records-as-dow-leans-higher