Economy, Americas

US stock exchanges post 3rd straight winning week

Dow rises 1.9%, S&P gains 2.2%, Nasdaq jumps 2.4% this week

Ovunc Kutlu  | 18.11.2023 - Update : 18.11.2023
US stock exchanges post 3rd straight winning week

ISTANBUL

US stock exchanges posted their third straight winning week as they closed Friday with gains.

The Dow Jones Industrial Average added just 1.81 points, or 0.01%, to finish the day at 34,947. The blue-chip index rose 1.9% this week.

The S&P 500 increased 5.78 points, or 0.13%, to end the session at 4,514. The index recorded a weekly gain of 2.2%.

The Nasdaq rose 11.81 points, or 0.87%, to close the day at 14,125 as the tech-heavy index jumped 2.4% for the week.

The VIX volatility index, also known as the fear index, was steady at 13.80. The 10-year US Treasury yield fell 0.04% to 4.439%.

The dollar index lost 0.51% to 103.82, while the euro added 0.61% to $1.0916 against the greenback.

Precious metals were in negative territory, with gold trimming 0.02% to $1,981 an ounce and silver decreasing 0.1% to $23.72.

Oil prices rose more than 4%, with global benchmark Brent crude at $80.62 per barrel and US benchmark West Texas Intermediate crude at $75.86.

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