Dows 9-Week Winning Streak Is The Longest In Nearly 24 Years

(Yahoo! Finance) Emily McCormick February 22 2019 The Dow posted its ninth consecutive week of advances its longest weekly winning streak in nearly 24 years as investors continued to digest commentary surrounding progress toward a U.S.-China trade deal. The Dow (DJI) closed at 26031.81 points having climbed 0.7 or 181.18 points by the end of Fridays session. This was the first time the index crossed 26000 points since November 9 and its nine straight weeks gains marked the longest streak since a 10-week run between March and May 1995. The S&P 500 (GSPC) rose 0.64 or 17.79 points with tech stocks leading advances as the index posted its fourth consecutive week of gains. The Nasdaq (IXIC) rose 0.91 or 67.84 points and posted its ninth straight week of advances tying for the longest weekly winning streak since May 2009. Each of the three major indices surged to new 2019 highs during Fridays session. The S&P 500 rose as high as to 2794.2 points the highest level since December. The Dow and the Nasdaq each rose to their highest levels in more than 3 months touching 26052.9 points and 7527.54 points respectively at their intraday highs.