Dow, S&P 500, Nasdaq close at record highs for second day as tech, trade headlines lift markets
US stocks notched fresh highs on Friday amid a record-setting rally as the US and China advanced trade talks and the "Magnificent Seven" tech stocks continued to climb.The Dow Jones Industrial Average (^DJI) rose 0.4% and the S&P 500 (^GSPC) jumped nearly 0.5%. The tech-heavy Nasdaq Composite (^IXIC) led gains, adding about 0.7%, as Apple (AAPL) stock rallied on optimism over its new iPhones hitting store shelves.
All three major indexes hit all-time highs for a second session in a row, ending the week on an upbeat note as the dust settled on the Federal Reserve's return to interest rate cuts. The S&P 500 and Nasdaq cinched their third straight weekly gains, adding 1.2% and 2.2%, respectively. The Dow climbed 1%, marking its second consecutive weekly gain.
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But coffee prices have gone up right Tbird? But my portfolio is loving it.