Economics
It Was the Best Week for Stocks in a Year
- The S&P 500 gains 2.6% as technology stocks, materials lead
- S&P 500 earnings outlook jumped to a six-year high in 2017
Equities Extend Stellar Start to 2018
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It always looks inevitable in retrospect.
Why wouldn’t U.S. stocks rally, surging to the biggest weekly gain in a year, amid earnings euphoria like this? With no hint of fatigue, the S&P 500 Index spent the holiday-shortened week rolling past 2,700, while the Dow Jones Industrial Average jumped over 25,000. Ninety-eight companies in the Nasdaq 100 rose.