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Dow closes 100 points higher Friday on solid earnings, registers best week since March

Posted on AllSides July 15th, 2023
From The Center

The Dow Jones Industrial Average climbed Friday as strong earnings results from some of the biggest banks and companies kicked off earnings season.

The 30-stock Dow added 113.89 points, or 0.33%, to close at 34,509.03 and mark its fifth consecutive day of gains. Meanwhile, the S&P 500 dropped 0.10% to close at 4,505.42. The Nasdaq Composite declined 0.18%, ending at 14,113.70. Both the S&P 500 and the Nasdaq touched their highest intraday levels since April 2022.

On a weekly basis, the Dow notched its best performance since March, up 2.3%. The S&P 500 added 2.4%, and...

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