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October 19, 2024 4:41 PM

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Wall Street Marks 6th Consecutive Weekly Gain

All three major Wall Street benchmarks comfortably secured a sixth straight weekly gain, their longest weekly winning streaks since late 2023. The Dow Jones Industrial Average and S&P 500 chalked up record closing highs on Friday, with the Nasdaq also in positive territory, as markets were boosted by an earnings-driven jump in Netflix shares and broader gains across technology stocks. For the week, the S&P 500 gained 0.9 percent, the Nasdaq Composite advanced 0.8 percent, and the Dow Jones Industrial Average climbed ONE percent.