The S&P 500 rallied for a sixth straight session on Friday, putting the benchmark U.S. equity index on track for its best weekly performance in more than six years. The index rose 0.4% on the day, bringing its week-to-date advance to 4.7%. That represents the biggest one-week percentage gain since a week ending Dec. 2, 2011. The Nasdaq Composite Index , up 5.9% on the week and 0.3% on the day, is also set for its biggest weekly gain since December 2011. The Dow Jones Industrial Average , meanwhile, is up 0.5% on the day, bringing its weekly gain to 4.7%. That represents its best week since November 2016, in the wake of the presidential election. All three indexes are set for their sixth advance in a row, as concerns over inflation appeared to wane.
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From:: Stock Market News