Wall Street Closes Mostly Higher and Registers Weekly Gains

The New York Stock Exchange (NYSE) closed mostly higher on Friday, with Wall Street investors’ risk sentiment improving on the back of positive economic data.

The Dow Jones Industrial Average gained 237.02, or 0.69%, to close at 34,433.84 points.

The S&P 500 index finished at a new record high of 4,280.70 points, rising by 14.21 points, or 0.33%.

Meanwhile, the Nasdaq Composite Index leveled down by 9.32 points, or 0.06%, to close at 14,360.39 points, after logging its 17th record high closing level this year yesterday.

For the week, the S&P 500 added 2.7%, the Dow 3.4%, and Nasdaq 2.4%, in the largest gains for the indices since February, March, and April, respectively.