Stock Market Today: S&P 500 Nabs Longest Weekly Win Streak in 6 Years

The major indexes made modest moves Friday, but ended with impressive weekly gains.

closeup of blue stock chart with blue bars and orange and green moving averages
(Image credit: Getty Images)

A strong week for stocks ended on a quiet note Friday. The main market indexes have carved out solid gains for the week thanks to encouraging inflation readings and the Federal Reserve's talk of potential rate cuts coming next year. Today, the action was a little more subdued as market participants digested this week's red-hot rally.  

At Friday's finish, the Dow Jones Industrial Average was up 0.2% to 37,305, a new record close. The Nasdaq Composite rose 0.4% to 14,813, while the S&P 500 ended with a fractional loss at 4,719. All three indexes closed higher for a seventh straight week, the longest such stretch for the S&P 500 since November 2017.

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.