Wall Street Enjoys Longest Winning Streak This Year

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Wall Street Hits New Highs

The S&P 500 and Dow Jones Industrial Average reached record levels on Friday, continuing their six-week winning streak. The S&P 500 rose 0.4%, while the Dow gained 0.085%.

Netflix Drives Nasdaq Higher

Netflix’s strong earnings report boosted the Nasdaq, which climbed 0.063%. The streaming giant’s shares surged 11.1%.

Europe Rises on ECB Rate Cut

European stocks also climbed after the European Central Bank cut interest rates, signaling support for economic growth. The Stoxx 600 index gained 0.21%.

China Surges on GDP Growth

Chinese stocks jumped after GDP growth exceeded expectations at 4.6%. The CSI 300 index surged 3.62%.

Japan’s Nikkei Recovers

Japan’s Nikkei 225 closed up 0.18%, as the semiconductor sector stabilized. Investors remained cautious amid ongoing tech earnings reports globally.


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