Wall Street closes higher, gains weekly as Fed meeting approaches

The S&P and Nasdaq closed higher, while the Dow closed largely unchanged (Image: Pixabay)

Wall Street gained ground on Friday, marking the end of a difficult week in which economic data and corporate earnings projections suggested a drop in demand but also economic resilience ahead of the U.S. policy meeting. Federal Reserve next week.

The S&P and Nasdaq closed higher, while the Dow closed largely unchanged.

The S&P and Dow posted their third week of weekly gains in four, while the Nasdaq, heavily weighted by tech stocks, posted its fourth consecutive weekly gain.

According to preliminary data, the S&P 500 (SPX) rose 0.24% to 4,070.29 points, while the nasdaq (US100) advanced 0.95% to 11,621.71 points. THE Dow Jones (DJI) had a positive variation of 0.07%, to 33,974.59 points.

Source: Moneytimes

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