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Dow ekes out 10th daily gain, longest winning streak in nearly 6 years

Clyde Edgerton by Clyde Edgerton
July 21, 2023
in Markets
Dow ekes out 10th daily gain, longest winning streak in nearly 6 years
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U.S. stocks finished little-changed on Friday as the Dow Jones Industrial Average barely eked out a 10th straight daily gain to cement the blue chip gauge’s longest winning streak in nearly six years. The Nasdaq Composite, meanwhile, finished the session lower while capping off its second weekly decline in three. The Dow
DJIA,
+0.01%
gained 3.30 points on Friday to finish at 35,228.48, according to preliminary figures from FactSet. The blue-chip gauge rose 2.1% this week, clinching its best two-week point and percentage gain since October 2022, according to Dow Jones Market Data. The 10-day streak is also the Dow’s longest winning streak since Aug. 7, 2017, when the index also rose for 10 consecutive sessions. The S&P 500
SPX,
+0.03%
gained 1.45 points, or less than 0.1%, to 4,536.32, according to preliminary closing figures. It rose 0.7% this week. The Nasdaq Composite
COMP,
-0.22%
fell by 30.50 points, or 0.2%, to 14,032.81, down 0.6% for the week.

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