Dow Average's Weekly Winning Streak Is the Longest in 24 Years

(Bloomberg) -- Here’s one for the record books: The Dow Jones Industrial Average just posted its ninth straight weekly advance, the longest streak in almost 24 years. Helped by optimism over U.S.-China trade talks, the gauge closed up 0.7 percent on Friday to cap a weekly gain of 0.6 percent. The Nasdaq Composite Index is also on a nine-week winning streak -- the longest since May 2009 -- while the S&P 500 Index notched a fourth straight week of gains. It’s lone lapse over the period was the week ended Jan. 25.

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