Dow, Nasdaq close higher Friday, extending rally
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Posted On: 12/16/2023 5:44:02 AM
Dow, Nasdaq close higher Friday, extending rally to a seventh winning week: Live updates
Brian Evans
Sarah Min
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on December 14, 2023, in New York City.
Angela Weiss | Afp | Getty Images
The Dow Jones Industrial Average
closed higher Friday after a whipsaw session, where it marked a fresh intraday record, and the tech-heavy Nasdaq-100 set a record close. All three major averages scored their seventh-straight winning week.
The Dow
closed up 56 points, or 0.2%, at 37,305.16. The S&P 500
slipped 36 points, or 0.01%, to 4,719.19 while the Nasdaq Composite
closed up 52 points, or 0.4% at 14,813.92. The Nasdaq-100
ended Friday at 16,623.45, topping a record close dating back to November 2021.
Price moves may have been exaggerated by the simultaneous expiration of stock index futures and options, as well as options on individual stocks, in the quarterly event known as “triple witching.
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