• US stocks end higher; S&P 500, Dow on 6-week winning streak

    One year ago - By Chron

    Wall Street capped a week with no shortage of milestones with a few more Friday.
    U.S. stocks closed modestly higher, lifting the Standard & Poor's 500 index to its fifth record close in a row. The Dow Jones industrial average, which crossed past the 23,000 mark for the first time on Wednesday, also finished the day with its fifth-straight all-time high.
    Banks led the gainers Friday. Technology companies also posted big gains, helping to drive the Nasdaq composite to a record high.
    The latest milestones came as investors drew encouragement from the Senate's passage of a budget bill that is...
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  • SPDR S&P 500 ETF Wraps Up Yet Another Strong Week

    SPDR S&P 500 ETF Wraps Up Yet Another Strong Week

    One year ago - By ETF Daily News

    From Jill Mislinski : The S&P 500 opened Friday well above yesterday's close and climbed throughout the day, closing with a daily gain of 0.51% and a weekly gain of 0.86%. Year-to-date, the index is up 15.02%.
    The U.S. Treasury puts the closing yield on the 10-year note at 2.39%.
    Here is a daily chart of the S&P 500. Today's selling puts the volume 2% above its 50-day moving average.
    Here's a monthly snapshot of the index going back to December 2008.
    A Perspective on Drawdowns
    Here's a snapshot of record highs and selloffs since the 2009 trough.
    Here is a more conventional log-scale chart...
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