The S&P 500 index on Wall Street achieved its longest winning streak since November 2004 on Friday, reflecting investor optimism sparked by China’s exploration of the possibility of trade talks with the United States.
However, despite announcing its quarterly results just a day earlier, Apple was among the companies that saw a decline.
The S&P 500, which includes the 500 largest companies on Wall Street, closed 1.5% higher at 5,686.67 points.
This marks the ninth consecutive day of gains, recovering from significant losses that began on 2 April when President Donald Trump announced his “reciprocal” tariffs.
The Dow Jones index rose 1.4% to 41,317.43 points, while the tech-heavy Nasdaq increased by 1.5%, reaching 17,977.73 points.
