NEW YORK – Wall Street saw no reason to stop rallying as the US economy pulls out of its downturn, lifting the Dow and S&P 500 to their second consecutive record on Friday.
At the close of US trading, the benchmark Dow Jones Industrial Average had gained 0.5 percent to end at 34,201.13. The broad-based S&P 500 rose 0.4 percent to hit 4,185.53.
The tech-rich Nasdaq Composite Index saw slightly less ebullient trading, gaining 0.1 percent to close at 14,052.34, about 125 points below its all-time high.
Both the S&P 500 and Dow also posted their fourth consecutive weekly gains, ending a week that saw the government release data indicating weekly jobless cla…
Keep on reading: Dow, S&P 500 again end at records as Wall Street rally continues