Ravi
Diamond Member
NEW YORK Stocks closed higher Friday, although in a tight trading range. For the Dow Jones industrial average and the Standard & Poor's 500 index, it was the sixth straight week of gains, which hasn't happened since late 2011. The Nasdaq composite index finished higher for the fifth straight week.
Driving stocks higher was rising consumer sentiment in August, robust retailer earnings, and a report showing the Conference Board's index of leading indicators rose in July.
Stock indexes close up for six straight weeks of gains
Great news for Mitt, too....more money for him to offshore to avoid paying taxes on.