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The S&P 500 Caps Off ‘Perfect’ Week With More Big Tech Earnings On Tap

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 1 min read
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The S&P 500 Caps Off ‘Perfect’ Week With More Big Tech Earnings On Tap
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The S&P 500 closed at a record on Friday, as the index marked the first time since November 2021 that it hit closing highs every day in a week.

The market benchmark rose 0.4%. The Nasdaq Composite rose 0.2% to mark its ninth record close in 10 sessions. The Dow Jones Industrial Average closed up 208 points, or 0.5%, to finish within striking distance of its Dec. 4 record close.

The market has mostly shrugged off tariff worries ahead of an Aug. 1 deadline and cruised through earnings season. The CBOE Volatility Index was down to just north of 15, signaling relatively low volatility.



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