S&P 500 closes higher Friday, registers longest weekly win streak since 2017: Live updates

The S&P 500 rose Friday after cooler inflation data, with the major averages registering an eighth straight winning week as Wall Street looked to extend its year-end rally. At current levels, the S&P 500 is 0.9% from its record close, and 1.3% from its intraday record. The three major averages notched their eighth positive week in a row — a first for the S&P 500 since 2017 and for the Dow dating back to 2019. The S&P 500 advanced by 0.8% for the week, while the Dow added 0.2%. "And we think that's another catalyst for today's excitement by investors, that a soft landing seems closer to being assured."