S&P 500 posts fifth straight record close this week, powered by solid earnings

The S&P 500 rose on Friday as it closed out a winning week following solid earnings results and the latest trade developments.

The broad market index jumped 0.40% and posted its 14th record close of the year at 6,388.64. The Nasdaq Composite rose 0.24%, ending at 21,108.32 for its 15th record close in 2025. Both indexes also hit new all-time intraday highs during the session. The Dow Jones Industrial Average also climbed 208.01 points, or 0.47%, to settle at 44,901.92. The 30-stock index ended the session about 0.25% off its Dec. 4 record close of 45,014.04.

All three major averages finished the week with gains. The 30-stock Dow posted a roughly 1.3% advance in the period, while the tech-heavy Nasdaq rose 1% and the broad market S&P 500 gained about 1.5%.

Friday marked a fifth consecutive day of closing records for the S&P 500, with the index finishing above 6,300 for the first time on Monday. The Nasdaq, meanwhile, has seen four record closes this week, breaking the 21,000 threshold on Wednesday.

The journey to all-time highs over this past week has been supported by a strong earnings season so far, including Alphabet’s better-than-expected earnings report. Verizon shares also jumped after the telecommunications company’s results surpassed expectations. Week to date, Alphabet is up 4% and Verizon is up 5%.

More than 82% of the 169 S&P 500 companies that have reported to date have beaten Wall Street’s expectations, per FactSet data.