The primary U.S. stock benchmarks completed their sixth consecutive week of gains, albeit with a diminishing pace, as the S&P 500, NASDAQ, and Dow each posted marginal increases. The closing level of the S&P 500 on Friday marked the highest point so far this year. In the last six weeks, the index has risen by almost 12%.
Reviewing the US Stock Markets, the Nasdaq Composite, recorded a decent gain of 410 points, reaching a closing value of 14,813 points by the end of the week. Similarly, the S&P 500 index showed a positive trend, gaining 115 points to settle at 4,719 points. Meanwhile, DJIA Index experienced a notable hike, rising by 1,058 points during the week and concluding at 37,305 points after a week of gain.
In contrast, Russell 3000 Index saw a gain in week performance, with a slight gain of 75 points to reach 2,716 points by the end of the week.
Moving to Russell 2000 Index, demonstrated a notable hike of 105 points, ending the week at 1,985 points.