U.S. stocks ended mostly higher Friday, with the Dow posting its longest win streak since late last year. Few economic reports on inflation or the economy were able to deter Wall Street from tentatively buying assets perceived as risky. Although comments by President Donald Trump proposing sweep changes to health-care policy briefly pushed the main benchmarks to intraday losses before rebounding.
What are markets doing?
The Dow Jones Industrial Average DJIA, +0.37% rose 91.64 points, or 0.4%, to 24,831.17, marking its seventh straight positive session — its longest winning streak since a similar stretch that ended Nov. 8, 2017.
The S&P 500 SPX, +0.17% rose 4.65 points, or 0.2%, to 2,727.72, with gains in health-care stocks, up 1.5%, and telecommunications, rising by 2.1%, producing the best returns of the broad-market benchmark’s 11 sectors.
The Nasdaq Composite Index COMP, -0.03% meanwhile, lagged behind its peers, finishing at break-even levels for the session, down 2.09 points, or off less than 0.1%, at 7,402.88, and ending its multiday run-up of five consecutive advances, that representing its best string of victories since February.