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

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

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.

To contact the reporter on this story: Sophie Caronello in Washington at scaronello@bloomberg.net

To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Andrew Cinko, Nancy Moran

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