NEW YORK (AP) — The U.S. stock market closed out its eighth straight winning week. The S&P 500 climbed 0.4% Friday and pulled closer to its all-time high set in the middle of last week. The Dow Jones Industrial Average added 0.6%, and the Nasdaq composite climbed 0.2%. Ross Stores, Workday and Zoom Communications helped drive the market higher after reporting stronger profits than analysts expected. Such reports are keeping stocks near records even after a survey showed sentiment among U.S. households fell to a record low on worries about inflation caused by the war with Iran.
THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.
NEW YORK (AP) — The split between Wall Street and most U.S. households grew wider Friday, as U.S. stocks rose toward the finish of an eighth straight winning week, their best such streak since 2023. That's even though a survey showed U.S. consumers are feeling even worse about the economy.
