Post by bot on Dec 23, 2016 19:48:37 GMT -5
Dow notches 7th straight weekly gain, longest streak in 2 years
U.S. stocks rose on Friday, with the Dow Jones Industrial Average logging its seventh straight weekly gain -- the longest winning streak in two years. Health-care, consumer-staples and financial shares led the market, offsetting a drop in energy and consumer-discretionary shares to help the S&P 500 climb 2.81 points, or 0.1%, to 2,263.77. The Dow rose 15.13 points, or 0.1%, to 19,933.94, led by Proctor & Gamble Co. and UnitedHealth Group Inc. . The Nasdaq Composite Index advanced 15.27 points, or 0.3%, to 5,462.69, with the iShares Nasdaq Biotechnology Index , which tracks the benchmark's biotech stocks, rising more than 2%.
U.S. stocks rose on Friday, with the Dow Jones Industrial Average logging its seventh straight weekly gain -- the longest winning streak in two years. Health-care, consumer-staples and financial shares led the market, offsetting a drop in energy and consumer-discretionary shares to help the S&P 500 climb 2.81 points, or 0.1%, to 2,263.77. The Dow rose 15.13 points, or 0.1%, to 19,933.94, led by Proctor & Gamble Co. and UnitedHealth Group Inc. . The Nasdaq Composite Index advanced 15.27 points, or 0.3%, to 5,462.69, with the iShares Nasdaq Biotechnology Index , which tracks the benchmark's biotech stocks, rising more than 2%.
