NEW YORK (Reuters) – The New York Stock Exchange ended the week in green on Friday, with closing records for the S&P-500 and the Nasdaq, driven by the technology sector and streaming giant Netflix after its good quarterly results .
The Dow Jones index gained 0.09%, or 36.86 points, to 43,275.91 points. The broader Standard & Poor’s 500 gained 23.20 points, or 0.40%, to 5,864.67 points. The Nasdaq Composite advanced 115.94 points, or 0.63%, to 18,489.553 points.
Strong economic data released this week, particularly September retail sales, and a strong start to the corporate earnings season, supported all three indexes, which finished in the green for the sixth consecutive week, their longest positive series since the end of 2023. The S&P-500 and the Nasdaq both set a record close.
Netflix stock was particularly sought after, gaining 11.08% after beating Wall Street’s expectations for new quarterly subscribers Thursday evening.
Apple (+1.22%) benefited from good sales of the iPhone in China.
(Written by David French in New York, Tangi Salaün)
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