Earnings drove the stock market higher — can they do it again in the next week?
Wall Street extended its weekly winning streak to six in a row. Earnings drove the stock market higher — can they do it again in the week ahead? The S & P 500 and the Dow both closed Friday at new record highs and turned in their best weeks of the year. But on a percentage basis, up more than 0.6%, it was the tech-heavy Nasdaq that drove the action Friday after Netflix stock's 11% post-earnings gain. The Nasdaq finished less than 1% away from its July all-time highs.
NEW YORK, NEW YORK - OCTOBER 16: Traders and others work on the New York Stock Exchange floor on October 16, 2024 in New York City. Stocks made modest gains in morning trading following Tuesday's loses. Wall Street extended its weekly winning streak to six in a row. Earnings drove the stock market higher — can they do it again in the week ahead?
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