October 29th 2017
U.S. stocks ended the week with gains and new records. The Dow Jones Industrial Average gained 0.5 percent over the week to end at 23,434.19. The blue-chip index advanced for the seventh straight week and the weekly run is the longest since December. The S&P 500 closed at an all-time high of 2,581.07 on Friday. The broad index eked out a weekly gain of 0.2 percent and rose for the seventh consecutive week, its longest positive weekly streak since late 2014. The Nasdaq finished at a record of 6,701.26. It climbed 1.1 percent for the week and recorded its fifth consecutive weekly gain. Among the key S&P sectors, technology was the best weekly performer, while health care dragged. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 9.8.