Stocks shook off early-week volatility, finishing the day and week higher as Treasury yields cooled. The Dow notched its third-straight triple digit gain, pushing the index to another record close and its third positive week in four. The S&P 500 secured its eighth- straight weekly win -- its longest streak since late 2023 -- while the Nasdaq posted its seventh weekly advance in the past eight weeks, fueled by renewed strength in tech stocks.
Oil, Gold Fall for the Week
Oil prices rose Friday as investors cling to Middle East resolution hopes. June-dated West Texas Intermediate (WTI) added 25 cents to settle at $96.60. Crude suffered majority of the week though and logged a weekly loss.
Gold prices fell Friday, marking the yellow metal's second weekly loss. June-dated gold futures lost 0.9% to settle at $4,502.70 per ounce.
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