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Dow jumps 800 points, S&P 500 at new record, Nasdaq gains 6.8% this week [Yahoo! Finance]
Last broadcom inc. earnings: 3/12 04:15 pm
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The S&P 500 ended the trading week 4.5% higher while the Nasdaq Composite surged by 6.84%. Yahoo Finance Markets and Data Editor Jared Blikre notes the fresh record highs for US stocks. Video Transcript Speaker A Let's begin with the Dow here. Up 1.8% for the day. That's 869 points. Here's the intraday price action. Guess what? Over the last five days, we are up 3.2%. That is the best week since last June. Nasdaq, the best week since last May. Ditto for the S&P 500. Speaker A Meanwhile, the Nasdaq Composite and the Nasdaq 100 and the Philly Chip Index and XLK, that's large cap tech are up 13 straight days. We have not seen that in years in these indexes. Speaker A And here's the S&P 500 up 4 and a half% for the week. and let's do small caps too. They are up 2% today, leading the way higher for today and for the week they are up 5 and a half%. Speaker A And it's not just the small ones, it's also the largest ones. Magnificent Seven leading the way up 8.6% this week.
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