The S&P 500 Index ($SPX) (SPY) Friday closed up +0.35%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.97%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.17%.
Stocks on Friday settled moderately higher, with the S&P 500 posting a 1-week high and the Dow Jones Industrials posting a 1-1/2 week high. Stocks continue to garner support on the prospects that the incoming Trump administration’s looser regulations and a business-friendly stance will be favorable for corporate earnings.
