US Stocks Climb as Investors Brace for Week of Big Tech Earnings
US stocks rose to fresh records on Friday, as investors braced for earnings from some of Wall Street’s biggest technology companies in the coming week.
The S&P 500 Index rose 0.4% to notch its fifth-straight all-time high and its fourth week of gains in the last five. The tech-heavy Nasdaq 100 Index rose 0.2%, also closing at a record. Bloomberg’s gauge for the so-called Magnificent Seven megacap tech names finished the session 0.5% higher, falling short of its first record close since December.