Wall Street Hits New Peak to Close Week
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U.S. stock markets finished at fresh record highs on Friday.
The Dow Jones Industrial Average rose 0.48%. The technology-heavy Nasdaq Composite climbed 0.81%. The broad S&P 500 index, a key market benchmark, added 0.65%.
This positive performance closed a strong week for investors. All three major indexes ended in record territory.
Analysts point to steady economic data and strong corporate earnings reports as key drivers. The gains were broad, with most market sectors finishing higher.