FOX Business: The Power to Prosper
If the markets rally for a sixth consecutive week, but no one is there to witness it, does it still count?
That question will be left up to investors next week after Wall Street wrapped up its longest win streak since January 2011 following a very quiet Friday that saw the major indexes barely budge.
Today's Markets
The Dow Jones Industrial Average rose 25.09 points, or 0.19%, to 13275.20, the S&P 500 gained 2.65 points, or 0.19%, to 1418.16 and the Nasdaq Composite added 14.20 points, or 0.46%, to 3076.59. The FOX 50 picked up 1.39 points, or 0.13%, to 1062.89.
Despite the lack of market participation, the S&P 500 landed at fresh four-month highs and is less than one point away from notching a new four-year closing high. There were few economic reports to back the move higher, though new data did reveal consumer sentiment in August unexpectedly climbed to the highest level since May.